This is a guide for companies and investors interested in understanding the physical risks associated with climate change. It addresses the issues of disclosure and management of climate impacts.
Over the last few years there have been hundreds of billions of dollars in economic losses due to extreme weather events. These record setting events cost economies, corporations and investors.
Climate change is predicted to increase these trends and it has already started to cause a wide range of physical effects— with serious implications for investors and businesses. While weather variability and extremes have always existed, the science shows that extreme weather events are becoming more frequent and intense, that incremental climatic changes are already underway, and that the impacts of climate change are expected to grow more severe over the coming years and decades.
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© 2014, Richard Matthews. All rights reserved.
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