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The risk of climate change impacts results from dynamic interactions among climate-related hazards, the exposure and vulnerability of affected systems, and the mechanisms through which the risks manifest at a financial or macroeconomic level (Figure 2).[1]
The data needed for climate risk assessment is therefore organized into four broad categories:
- Climate hazard data: data describing physical and transition risk drivers, needed to translate climate risk drivers into economic risk factors (ie climate-adjusted economic risk factors)[2]
- Exposure data: data describing the vulnerability of exposures, linking climate-adjusted economic risk factors to exposures;
- Vulnerability data:
- Financial data: data needed to translate climate-adjusted economic risk into financial risk.
In this wiki, we present the needed data based on the two types of climate risks.
Source: IPCC AR6 WG2
- ↑ Bavandi,Antoine; Berrais, Dorra; Dolk,Michaela Mei; Mahul,Olivier. Physical Climate Risk Assessment : Practical Lessons for the Development of Climate Scenarios with Extreme Weather Events from Emerging Markets and Developing Economies - Technical Document (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099657511082325958/IDU0004b1eec0d7f304e7c0967305183f75f92a2
- ↑ https://app.paperpile.com/view/?id=191ebabf-a991-4576-9d3f-e6306318453d