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Climate Risk and Business: Practical Methods for Assessing Risk

Climate Risk and Business: Practical Methods for Assessing Risk

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Published by IFC Sustainability
Climate change creates both risks and opportunities for the private sector, particularly in emerging markets, and may affect companies’ financial, economic, environmental and social performance, especially when they rely on long-lived fixed assets or have complex supply chains. Recognizing the gaps in knowledge of how climate change will affect the private sector, IFC has undertaken a series of studies with clients in developing countries. These studies aim to better understand gaps and barriers to climate risk analysis, test and develop risk evaluation methodologies, and identify possible adaptation responses and needs. The first three pilot studies are featured in Climate Risk and Business, the second in a series of publications about climate risk and the private sector.
Climate change creates both risks and opportunities for the private sector, particularly in emerging markets, and may affect companies’ financial, economic, environmental and social performance, especially when they rely on long-lived fixed assets or have complex supply chains. Recognizing the gaps in knowledge of how climate change will affect the private sector, IFC has undertaken a series of studies with clients in developing countries. These studies aim to better understand gaps and barriers to climate risk analysis, test and develop risk evaluation methodologies, and identify possible adaptation responses and needs. The first three pilot studies are featured in Climate Risk and Business, the second in a series of publications about climate risk and the private sector.

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Categories:Types, Research
Published by: IFC Sustainability on Nov 04, 2010
Copyright:Attribution Non-commercial

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07/10/2013

 
Climate Risk and Business
Practical Methods for Assessing Risk
 
Acknowledgments© 2010, International Finance CorporationFirst printing, September 2010Authored by
Vladimir Stenek, International Finance CorporationRichenda Connell, AcclimatiseJohn Firth, AcclimatiseMichelle Colley, AcclimatiseIFC and the authors wish to thank the management and staff ofHimal Power Limited, Ghana Oil Palm Development Companyand Packages Ltd. for their support and cooperation in theelaboration of the studies. The authors also wish to thank thenumerous local experts and institutions listed in Annex 3 for theirvaluable contributions to the studies.This work beneted from support provided by the Trust Fund forEnvironmentally & Socially Sustainable Development (TFESSD),made available by the governments of Finland and Norway.
Reviewers
We thank the following for their critical review and comments:Peter-Martin Thimme (DEG - Deutsche Investitions- undEntwicklungsgesellschaft mbH) , Alan Miller, Jamie Fergusson,Susan Holleran, and Katia Theriault (IFC).
Editors
Rachel Kamins, Anna Hidalgo, Vladimir Stenek, Richenda Connell
Designer
Studio Grak
Photo credits
Vladimir Stenek, International Finance CorporationChris Train, UK Environment AgencyPackages Ltd.
 
Climate Risk and Business
Practical Methods for Assessing Risk

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