Making physical climate risk assessments relevant to the financial sector – Lessons learned from real estate cases in the Netherlands

Climate change is an important additional risk for the financial sector. For (large) investments in real estate, it is becoming increasingly important to take climate related risks into account. Yet, generating tailored physical climate risk information to make meaningful decisions about investment portfolios remains difficult. Using literature review, semi-structured interviews and reflection on four case studies implemented in the Netherlands, this paper presents lessons learned and recommendations for improving Physical Climate Risk Assessments (PCRA) for the financial sector. Results from... Mehr ...