Climate Risk and Sustainable Finance
Practical Application of TCFD:
Incorporating Physical Climate Change and Extreme Weather Risk into Portfolio Management
This research project builds on the report Factoring Climate Risk into Financial Valuation, to create four new Climate Risk Matrices for new sectors: (a) banking, (b) Property & Casualty (“P&C”) insurance, (c) hydro electricity generation, and (d) wind electricity generation. The goal of the matrices is to allow for climate risk information to be understood and interpreted by investors, enabling them to price risk and ensure the efficient allocation of investment capital.
Climate Risk Assessment
Intact Center on Climate Adaptation, University of Waterloo
Kathryn Bakos and Blair Feltmate