The demand for information on the implications of physical climate risk is increasing. Demand is particularly driven by burgeoning environmental, social, and governance (ESG) funds and investor scrutiny of material climate risks, particularly in the power generation sector. However, quantifying physical climate risks in loan and equity portfolios of power generation assets in a cost-effective way remains challenging. In this event, we will introduce a cost-effective yet comprehensive framework for assessing physical climate risks for power generation project portfolios, that is co-developed by the World Resources Institute (WRI) and the European Bank for Reconstruction and Development (EBRD). Additionally, we will share a pilot study where we apply the framework over EBRD’s current power generation portfolio, and demonstrate how investors can leverage portfolio-level physical climate risk assessment to inform their financial and investment decision making and shift towards a climate resilient future.
Further info at:
https://www.waterforclimate.net/meetings/virtual/K3cebC37d5PvW7QDJ