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 transition risk
• Task Force on Climate-related Financial Disclosures
• Transition risk

External link

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