Climate physical risk

Climate change - physical risks.

Climate physical risks are the direct physical risks of climate change.

They include more frequent and severe extreme weather events, and longer-term chronic effects resulting from rising mean temperatures.

Sometimes abbreviated to physical risk, and distinguished from transition risk and liability risk relating to climate change.

See also

• Climate change
• Climate liability risk
• Climate risk
• Climate transition risk
• IFRS Foundation
• Transition risk

Other resource

• Climate change - What are the risks to financial stability? Bank of England