Home » Resource Database Report Understanding the Physical Risks Associated with Climate Change Authoring Organisation GARP Publish Date April 2022 Read the report (Understanding the Physical Risks Associated with Climate Change)(This link will take you to an external website) About this ReportClimate-related financial risks are the financial risks linked to climate change. These are typically split into two broad categories: physical and transition risks. This primer from GARP, written by Jo Paisley, looks at physical risks, which arise from the physical impacts that stem from a changing climate. Read the report (Understanding the Physical Risks Associated with Climate Change)(This link will take you to an external website) Related resources A supervisory framework for assessing nature-related financial risks OECD | September 2023 Better assessing biodiversity-related financial risks is particularly timely in the context of the goals and targets (for 2050 and 2030 respectively) adopted under the Global Biodiversity Framework. In particular, Target 15 calls on governments to take measures... Beyond climate: Addressing financial risks from nature and biodiversity loss (LSE & Grantham Research Institute on Climate Change and the Environment 2022) A paper that discusses the need to extend the scope of central banks’ approach to the environmental crisis to include the drivers of biodiversity loss, how climate and biodiversity interact,... When the bee stings: counting the cost of nature-related risks BloombergNEF, December 2023 BloombergNEF have published a timely series of case studies, in consultation with TNFD, showcasing how nature risks have materialised into significant financial consequences for leading companies across sectors and geographies over the last two... Related publications Discussion paper on nature transition plans Related webinars Understanding nature transition plans November 28, 2024 (Updated: November 28, 2024) The mission of the Kunming-Montreal Global Biodiversity Framework (GBF) is to ‘halt and reverse biodiversity loss’ by 2030, with a 2050 vision of ‘a world living in harmony with nature Delivering the transition...