Climate Risk Analysis

What does climate change look like? Here are the signs.

You’ve probably heard about global warming affecting our ice caps and melting glaciers. But can you see the signs of climate change in your own backyard?

Think about the last time you read a news article about climate change. Did you hear the words “glacial melt”? What about the year 2050 — or even 2100? How about “centimeters of sea level rise”?

It can be hard to act on climate change when the impact seems so far away. But the fact of the matter, climate change isn’t something that we’ll have to confront in the future. It’s happening right now, right here.

Here are the extreme weather conditions which have impact on a global scale:

  • Droughts
  • Wildfires
  • Floods
  • Heat Waves
  • Stronger Hurricanes and Typhoons

Assessing climate-related risks

Climate-related risks can be defined as risks related to climate change that threatens human well-being, regional economic growth and the ability to reduce greenhouse gas emissions.

Climate risk assessment considers the likelihood and impact of risks related to climate change that threatens regional economic growth and risks that threaten the ability to reduce greenhouse gas emissions. The risks considered can be categorized as physical, energy or regulatory risks.

The risks and opportunities presented by climate change are uncertain and vary for different parts of the world, different economic sectors, different businesses and different households. These changes are likely to have a multitude of impacts that might be evident in terms of impacts on the natural environment, such as scarcer water resources; impacts on physical infrastructures, such as disruption to transport networks; or impacts on individuals or businesses, such as increased costs of emitting carbon or reduced productivity. Recognizing these potential impacts and assessing the risk of occurrence are important steps in the development of a low-carbon policy framework.

Regional impacts and vulnerabilities are strongly dependent on the specific setting of physical exposure, the socio-economic development, and livelihoods. Our work in this area focuses on assessing the full pathway from regional biophysical impacts to risks and damages, in order to identify adaptation priorities and to better understand the implications of different global goals of limiting climate change.

We provide climate risk analysis of global standards by proper risk assessment and we also provide risk mitigation strategies in order minimize the impact of climate risk.