With worsening impacts of climate change affecting almost every human and natural system across the globe and the critical economic transition to a net-zero emissions future on its way, successful companies and communities will be the ones showing climate resilience and contributing to a sustainable future.
In order to better understand climate risks and opportunities and inform their strategies, financial institutions have turned towards climate risk tools, a market that has developed at an impressive pace in the last few years. UNEP FI’s 2023 Climate Risk Landscape report assists financial institutions in better understanding the diverse and dynamic landscape of climate risk tools. The report explores the major market trends in physical risk and transition risk tools and provides detailed analysis on dozens of individual tools.
The project has been supported by a group of 44 banks convened by UNEP FI as part of its Climate Risk and TCFD Programme. It follows the 2021 Climate Risk Landscape Report diving into the similarities and distinctions among climate risk assessment tools, and the 2022 Supplement that incorporated financial institutions’ experience of working with different tool providers.
You can view the report at the link below: