Across the world, businesses operations are increasingly affected by extreme weather events or slow changes in temperature and sea levels. The financial impacts can be far-reaching. Recent examples of flooding and sea surges caused damage on the production facilities, interruptions in supply chains and in the transportation of workers and goods. Heat waves can threaten agricultural production and disable workers.
Climate scientists expect that the frequency and severity of natural hazards such as windstorms, sea-surges, heavy precipitation, floods, droughts and heat waves to increase. Impacts that scientists were expecting over a much longer time horizon, like sea level rise, are already happening today, worsened by extreme weather events.
On the positive side, new business opportunities arise in developing climate-resilient and low-carbon goods and services.
Yet investors currently lack tools to assess how these physical changes could affect their assets in specific sectors or locations.
ClimINVEST Tools for climate-resilient investment, is bringing together climate scientists and investors together to develop improved indicators, tools and maps on physical climate risk.
First step is to understand Dutch institutional investors needs and work together to improve knowledge on and tools to analyse climate risk.
|Effective start/end date||1/01/18 → 31/12/18|