Charting a New Climate: State-of-the-art tools and data for banks to assess credit risks and opportunities from physical climate change impacts

Charting a New Climate is a report on physical climate risks and opportunities from Phase II of its Task Force for Climate-related Financial Disclosures (TCFD) Banking Programme with climate risk advisory and analytics firm, Acclimatise. The report, “Charting a New Climate”, provides a state-of-the-art blueprint to support financial institutions to navigate the changing physical climate risk landscape. The TCFD Phase II banking pilot engaged thirty-nine global financial institutions on six continents. The programme empowered participants to identify, assess, and manage their climate risks and opportunities. Complete with case studies from participating banks, the report investigates leading practices on critical topics related to the physical impacts of climate change.