The Cross Dependency Initiative (XDI) has released on Monday a first-pass analysis of \u201cGross Domestic Climate Risk,\u201d calculating the physical climate risk to the built environment in over 2,600 territories around the world. <\/p>\n\n\n\n
The findings underscore the importance of pricing physical climate risk in financial markets given the amount of capital investment represented by the assets at risk in the provinces identified, the vulnerability of global supply chains, and the need for climate resilience to inform investment. <\/p>\n\n\n\n
The analysis concluded that 80% of the top 50 most at-risk states and provinces in 2050 are in China, the United States or India. <\/p>\n\n\n\n
Other countries with multiple provinces and states in the top 50 include Brazil, Pakistan and Indonesia. <\/p>\n\n\n\n
The Gross Domestic Climate Risk analysis focuses on the extent of capital value at risk from extreme weather and climate change in states, provinces and other territories, represented by vulnerability and exposure of the built environment. <\/p>\n","protected":false},"excerpt":{"rendered":"
The Cross Dependency Initiative (XDI) has released on Monday a first-pass analysis of \u201cGross Domestic Climate Risk,\u201d calculating the physical climate risk to the built environment in over 2,600 territories around the world. The findings underscore the importance of pricing physical climate risk in financial markets given the amount of capital investment represented by the …<\/p>\n","protected":false},"author":5,"featured_media":90862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_108372464460192_245495985553329":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[31,30],"tags":[2952],"class_list":["post-90861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","tag-climate-change"],"yoast_head":"\n