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• 19:03, 15 October 2024 Admin talk contribs created page Physical Risk: Assessment Methodology (Created page with "Climate change impacts financial systems both directly and indirectly (ref. this report by the World Bank; Fig. XX). '''Direct damages''' refer to immediate to short-term physical destruction, including destruction of housing, critical infrastructure, and means of production which results in direct financial loss. Indirectly, climate hazards affect the financial sector via impacting the macroeconomic environment (see section 2.1 Transmission channels). index.php?title...") Tag: Visual edit