Gross Domestic Climate Risk Report
On 20th February, 2023, a report, titled “Gross Domestic Climate Risk” was released by the Cross Dependency Initiative (XDI), a global organisation specialising in climate risk analysis for regions, banks and companies.
The report is primarily aimed at helping investors with their choice of long-term investment destinations.
About the Report
- The index calculated the ‘physical climate risk’ to built environments such as buildings and properties across 2,600 States and provinces globally in 2050. [Note: Physical risk refers to vulnerability from eight climate change events: heat waves, coastal flooding (and sea level rise), extreme wind, forest fire, soil movement (or other drought-related ....
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