Presentations - Inaugural Conference with Financial Institutions
CLIMATE VS. ENVIRONMENTAL RISK
Climate Risk
E&S Risk
Although there are linkages, the concept of "climate risk" is distinct from environment, social and governance (ESG) risk, insofar as: • ESG risk approaches tend to analyze the project’s impact on the environment , communities • Climate risk approaches should analyze the environment/climate impacts on the project ’s viability. Many institutions continue to see climate change as an ESG issue, which fundamentally mischaracterizes the nature of the risks it poses. Climate risk is contextual, location specific, and dependent on the time horizon considered.
Temperature Patterns
Emissions
Droughts
Water Transportation
Polution
Precipitation
envioronment
Construction
Sea level rise of Financial Activity
Impact to Operation
Impact of the Project on the
Damage to habitats
Extreme Weather
Climate Risk is a Credit Risk
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