.png){kind=logo}
Achieving a resilient transition: adapting to physical climate impacts
An increasing number of financial and non-financial corporates are adopting climate transition plans, in order to ensure alignment with the Paris Agreement temperature goal of limiting global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels. But even those levels of warming will have profound impacts, including increased crop losses, water shortages and natural disasters. Up until now, most regulators have largely focused on physical risk disclosure, but it is becoming increasingly clear that businesses will also need to have a credible plan for future resilience in place. Are today’s businesses prepared for tomorrow’s transition to a new climate? How can investors engage to enhance resilience to physical climate impacts?
