Firms need to perform risk assessments of floods, water stress, extreme heat, storms, and sea level rise, experts say.
They should also incorporate the long-term impact of climate change into business planning and strategic decisions.
Mark Carney, Governor of the Bank of England, and Michael Bloomberg, founder of Bloomberg L.P., highlight the way these major issues affect global markets.
This video was first shown at ‘Advancing TCFD guidance on physical climate risk and opportunities’ at EBRD HQ in London on the 31st May.