Risk Insights Resource Center
Displaying 90 results
Past Events and Content
Climate Risk Is Showing Up in Market Prices: Here's Where to Look
September 17, 2026
Climate risk is increasingly reflected in financial markets – but not always fully, consistently, or in ways that support decision-making. Climate ...
(Part 3) 100th Episode Special: Is Finance Ready for the Risks Ahead?
September 17, 2026
Part three of this three-part special asks what seven years of climate risk have taught finance, where the sector’s limits lie, and why there are ...
(Part Two) 100th Episode Special: We Know the Risks. So Why Aren’t We Moving Fas
September 10, 2026
Part two of this three-part special looks back at seven years of climate policy to ask what has worked, what has fallen short, and whether the ...
(Part One) 100th Episode Special: Seven Years of Climate Risk — What Have We Lea
September 3, 2026
Part one of this three-part special looks back at the seven years of the podcast to ask what we have learnt about the science, what surprised us, and ...
Unlocking Transition Finance: Policy, Credibility and the Flow of Capital
July 30, 2026
Vanessa Havard-Williams OBE explores how the UK is building a credible transition finance market, from stronger policy and transition planning to ...
Fire and Flood: Lessons from Britain’s New World of Extremes
July 9, 2026
Hear from celebrated journalist David Shukman on why climate change is no longer a future risk, how extreme weather is exposing weaknesses in the ...
Why Vendors Disagree: A Practical Guide to Evaluating Physical Climate Risk Data
June 30, 2026
Physical climate risk assessments of the same asset can vary significantly across vendors. A new study explores the reasons for those differences.
The SCR Advantage: Preparing Risk Professionals for Climate Risk
June 24, 2026
Climate risk is rapidly evolving, shaped by AI adoption, rising energy demand and water stress, and shifting geopolitical dynamics. Join a panel of ...
The Serious Business of Climate Comedy: How to Engage New Audiences
June 18, 2026
Matt Winning reflects on climate fatigue, corporate engagement, and what risk professionals can learn from the art of communicating difficult topics. ...
Investor Climate Action: What Finance Can and Can’t Achieve
May 28, 2026
Hear from Prof. Tom Gosling, Director of the Initiative in Sustainable Finance at the London School of Economics (LSE), as we examine the limits of ...
Small- and Medium-Sized Banks’ Guide to Climate Scenario Analysis
May 12, 2026
Smaller banks can struggle to work out how to take a proportionate approach to understanding their climate-related risks. This paper looks at the ...
Hedging Climate Risk: Weather Derivatives vs Parametric Insurance
April 21, 2026
How do different financial risk transfer mechanisms work for climate-related events? How are they priced and the potential payoffs calculated?
The Case for Adaptation: Heat Stress and the Built Environment
April 16, 2026
Hear from Richard Flemmings, founder and CEO of Map Impact, as we explore why “dry perils” such as heat, drought and wildfire are emerging as ...
Risk as an Enabler: How Development Banks Build Climate Resilience
March 26, 2026
Hear from Søren Elbech, Chief Risk Officer at the Inter-American Development Bank, as we explore how development banks use risk to support countries ...
Global Fashion: Navigating Dilemmas around Climate and Nature-related Risks
February 26, 2026
Act on the board of a global fashion brand and time travel through to 2031 as you make real-time strategic decisions for this company over the next 5 ...
The Complexity Cascade: Why Physical Risk Models Diverge — and What Governance Needs to Do About It
February 19, 2026
Physical climate risk vendors often provide very different assessments for the same assets. This article explains the sources of these differences ...
Protecting the Beta: Why Systemic Risk Now Shapes Investment Returns
February 12, 2026
Hear from Julie Calkins, Director of Sustainability Strategy at Generation Investment Management, as we explore how interconnected risks spanning ...
What We Learned About Climate and Nature Risk in 2025
January 22, 2026
Hear from Jo Paisley and Maxine Nelson of the GARP Risk Institute as they look back on key learnings from the past year of the Climate Risk Podcast. ...
Climate Risk and Beyond: Your Guide to the SCR Certificate
January 14, 2026
Companies across every industry sector are seeking professionals with sustainability and climate risk knowledge and skills to join their team. That’s ...
COP30: A Summary for Risk Professionals
December 18, 2025
Lackluster outcomes from COP30 highlight the growing disparity between ambition and action, reinforcing the need for risk professionals to prepare ...
When Risk Models Fail the Vulnerable: A Case for Climate-Responsive Finance
November 27, 2025
To safeguard not just our cities and countryside from the effects of climate change, but also our financial systems, financing approaches must change ...
Comparing Climate Risk Vendors: A User’s Guide to Physical Risk Assessments
October 23, 2025
As climate risks intensify, financial institutions face mounting pressure to understand their exposure to physical hazards. Yet even leading vendors ...
A Risk Professional’s Guide to Physical Risk Assessments
October 23, 2025
Climate change is driving an increase in the frequency and severity of physical risk events, such as floods, storms, and heatwaves. Yet quantifying ...
Gold is a Key Central Bank Reserve Asset: How Is Climate Change Affecting It?
September 25, 2025
Negative social and economic consequences of climate change may increase the demand for safe-haven assets, such as gold. As it plays a fundamental ...
Could the Law Finally Be Catching up With Climate Culprits?
September 18, 2025
Recent advances in climate legislation and litigation may significantly raise the materiality of legal risk for fossil fuel companies and other large ...
The Missing Climate Risk: Derailment Explained for Risk Professionals
September 4, 2025
Our capacity to act on climate change and nature loss can itself be eroded by increasing physical and transition risks, possibly derailing the ...
Valuing Adaptation: A Call to Understand What Matters
July 17, 2025
Increasing physical risks from climate change require greater efforts at adaptation. This article explores adaptation, why it is difficult to value ...
Understanding the Physical Risks Associated with Climate Change
July 3, 2025
How do financial risks arise from the physical impacts created by a changing climate, how are they increasing and what are their connections to other ...
How To Build Effective Climate Scenarios: A Live Demo for Risk Professionals
June 24, 2025
Many organizations struggle to measure, manage, and model climate change risks due to inconsistent data and a lack of reliable analytical tools. In ...
How to Host a GARP Climate & Nature Risk Scenario Game
June 12, 2025
Experience an engaging way to bring climate and nature risk to life for your team or audience.
Nature Risk Management at Financial Firms: The Good, the Bad and the Ugly
May 22, 2025
Explore the results of our second Global Survey of Nature Risk Management at Financial Firms. Nature underpins both our economies and livelihoods. ...
Nature Risk vs. Climate Risk: Is Your Firm Prepared?
April 29, 2025
Join us as we dive into the differences between nature and climate risk management, how regulators worldwide are addressing nature risks, and how ...
En-ROADS: A Powerful Tool for Climate Risk Capacity-Building and Scenario Analysis Development
April 24, 2025
EN-Roads is an open-source climate simulator used by risk professionals around the world for education, capacity-building, and climate risk ...
TCFD by the Numbers: What Climate Disclosures for $6.5T of Private Capital Tell Us About Sustainable Finance in 2025
March 13, 2025
As climate-related reporting moves from compliance exercise to useful risk management tool, what trends can we glean by observing the disclosures of ...
How Weather Derivatives Hedge Against Nature’s Unpredictability
February 20, 2025
Discover how businesses are using weather derivatives to mitigate risks associated with adverse weather conditions.
Climate Tipping Points Explained for Risk Professionals
February 6, 2025
Climate tipping points are extremely dangerous thresholds in Earth’s natural systems. What are they, how do they work, and how can we respond to them?
Exploring the Climate-Nature Nexus: Insights From GARP’s Latest Risk Scenario Game
January 30, 2025
Gain practical insights into tackling the dual crises of climate change and nature loss in a dynamic learning experience.
What We Learned About Climate and Nature Risk in 2024
January 23, 2025
Hear from Jo Paisley and Maxine Nelson of the GARP Risk Institute as they look back on key learnings from the latest season of the Climate Risk ...
Inside India’s Agricultural Resilience to Climate Change
January 15, 2025
Climate change is impacting India’s ability to grow food. Where are the effects most felt and what adaptations are being made?
Nature Risk Management: Looking to the Future
November 18, 2024
While still in its infancy, nature-related financial risk management is likely to become increasingly important, with financial firms expected to ...
A New Dawn for Strategic Planning in the Boardroom
September 18, 2024
Technological advancements as well as changes in reporting requirements and legal expectations are pushing companies to incorporate more long-term ...
Comparing Climate-Related Disclosure Requirements
September 11, 2024
How do the ISSB Standards build on TCFD?
Risk Management’s Role in the Climate Transition
August 29, 2024
Simple climate targets are driving paper decarbonization, which has serious unintended consequences. Risk managers must keep this in mind and choose ...
Tackling Nature Risk: Insights from Financial Supervisors and Practitioners
August 28, 2024
In this webcast, co-hosted by the European Banking Institute, hear from leading experts at the intersection of nature and finance, as we dive into ...
Climate-Related Infrastructure Failure Has Complex and Far-Reaching Economic Impacts
August 1, 2024
Damage to infrastructure has a broad range of impacts, which often aren’t considered by lenders. In this article, we look at how these impacts arise ...
An Introduction to Managing the Financial Risks from Nature Loss
July 9, 2024
Risk managers should understand how nature loss impacts their business. In this webcast, we outline why nature is a critical new risk area, and how ...
How Banks Can Better Manage Climate-Related Financial Risks
June 6, 2024
Actions can help a bank, its borrowers, or both. But which ones are most effective for managing the financial risks from physical climate events?
Understanding How the Financial System Impacts Climate Change
May 30, 2024
How does the financial system affect climate change? For example, are voluntary net-zero targets actually effective at driving the transition to net ...
Exploring the Connections Between Climate Change and Global Financial Stability
May 16, 2024
One of the many reasons for caring about climate change is its potential to lead to financial instability. But how might this happen and how likely ...
It’s Time for Climate Scenario Analysis to Evolve
May 9, 2024
The speed, scale and style of the low-carbon transition to a net-zero economy poses complex challenges. Here’s how the Bank of England is extending ...
Sustainability's Impact on Risk Management Through Climate Stress Testing and Net-Zero Portfolio Simulations
March 14, 2024
As the urgency of tackling climate change becomes more real, risk management in financial firms is changing.
Navigating Nature: Understanding the TNFD’s Recommendations
February 26, 2024
In this webcast, hear directly from the Taskforce on Nature-related Financial Disclosures’ Technical Director as we take a closer look at their ...
Climate Risk Stress Testing: Agenda 2024
February 1, 2024
Banks, especially in Europe, have key climate-related stress test deliverables to complete in 2024. We highlight some key challenges that will need ...
Solving the Climate Data Problem: An Intro to the Net-Zero Data Public Utility
January 26, 2024
In this webcast, we take a deep-dive into the Net-Zero Data Public Utility (NZDPU) - the first global, centralized, open repository for private ...
Navigating New Principles for Climate-Related Financial Risk Management
January 25, 2024
U.S. banking regulators have issued a new framework for climate-related risk. What are the core principles, and how should financial institutions ...
Climate Trends, Narratives, Shocks and Credit Risk Stress Scenarios
October 26, 2023
Credit risk measurement still doesn’t adequately capture the effects of climate change. Why is that, and what can be done to improve the modelling?
India: A Case Study in Climate Mitigation and Adaptation
September 14, 2023
This article explores the difficult trade-offs that need to be made between the competing claims of climate mitigation, adaptation, and economic ...
Why Climate Risks Present Unique Challenges for FMIs
July 13, 2023
Due to the role financial market infrastructures (FMIs) play in the global markets, their exposure to climate-related risks is unlike other market ...
ESG Explained: What It Is and Why It Matters
June 30, 2023
ESG is an increasingly hot topic, but why and how has it become so important? This article offers an up-to-date look at these issues, highlighting ...
Understanding How Biodiversity and Climate Change Are Interconnected
June 6, 2023
Biodiversity loss and climate change are often considered as separate challenges. However, they are actually highly interconnected and should be ...
Climate Risk Leadership: Lessons From 4 Annual Surveys
April 27, 2023
While climate risk management at all financial institutions has significantly progressed in recent years, differences remain between leading firms ...
Net-Zero Transition Plans: A Guide for Risk Professionals
April 26, 2023
Hear from Tony Rooke, Executive Director at the Glasgow Financial Alliance for Net-Zero, as we delve into the importance of net-zero transition plans ...
How Extreme Weather Caused by Global Warming Is Driving New Investment Risks
April 19, 2023
Due to improvements in the ability to trace losses from extreme weather events back to emissions, climate-related litigation risks are increasing at ...
Getting Finance to Net-Zero: Guidance by Practitioners, for Practitioners
March 31, 2023
Hear from members of the CFRF’s Transition to Net-Zero (TNZ) and Disclosure, Data and Metrics (DDM) Working Groups, as we review useful tools and ...
How AI/ML is Changing Financial Risk Management
March 17, 2023
Recent news stories about platforms like ChatGPT and Bard have raised public awareness of artificial intelligence (AI) and machine learning (ML). ...
Celebrating Three Years of the Climate Risk Podcast: What Have We Learnt So Far?
March 17, 2023
Today marks the third anniversary of the GARP Climate Risk Podcast. We have learnt a huge amount from talking to a wide range of guests. This article ...
Scenario Analysis: Guidance for Risk Professionals
February 23, 2023
Hear from members of the UK’s Climate Financial Risk Forum Scenario Analysis Working Group, as we review useful tools and resources that risk ...
Climate Risk Stress Testing and the Role of Central Banks
February 3, 2023
Proponents and detractors have already weighed in on the Federal Reserve’s news climate scenario analysis exercise, which is designed to help banks ...
Climate Scenario Analysis in Financial Firms
December 12, 2022
Read GARP’s scenario analysis deep dive, published as part of the Climate Financial Risk Forum’s (CFRF) 2022 outputs.
Fourth Annual Global Survey of Climate Risk Management at Financial Firms
September 13, 2022
Steady Progress Amid Increasing Regulatory Scrutiny, 2022
Risk Management and the Rise of the Green Taxonomy
September 8, 2022
Policy makers across multiple jurisdictions have been developing taxonomies, which aim to define what is “green”. But how do they fit in risk ...
Steering the Ship: Creating Board-Level Climate Dashboards for Banks
July 12, 2022
As climate change risks increase worldwide, company boards will be critical in ensuring their firms remain resilient and on a path to carbon ...
Using Benchmarking to Assess the Plausibility of Climate Scenario Analysis
June 21, 2022
How can you judge the reasonableness of modelled scenario analysis outputs if the scenario is one that you’ve never experienced? This is a dilemma ...
The 4 Main Drivers of Transition Risk, and Why the Risks Are Increasing
April 12, 2022
Climate-related financial risks are the financial risks linked to climate change. These are typically split into two broad categories: physical and ...
Carbon Quotient: Managing the Financial Risks of Net Zero
April 5, 2022
The effects of climate change and the transition to a low carbon economy present emerging financial risks. These physical and transition risks ...
2022 Best Practices of Climate Risk Management Leaders
March 22, 2022
In this paper, GARP Risk Institute highlights the best practices implemented by climate risk management leaders and outlines the steps others can ...
Climate Risk Regulatory Expectations and Stress Testing
November 1, 2021
Inspired by the survey results from GARP’s recent Climate Risk Symposium, we investigated regulatory expectations and approaches for stress testing ...
Climate Scenario Analysis Practices in Financial Firms
October 25, 2021
Read GARP’s scenario analysis deep dive, published as part of the Climate Financial Risk Forum’s (CFRF) 2021 outputs.
September 2021 Webcast Q&A: Climate Risk Modeling – Practical Insights and Guidance
October 21, 2021
Oliver Marchand, Global Head of ESG Research and Models at MSCI, answers your questions about the uses and limitations of climate risk modeling at ...
Third Annual Global Survey of Climate Risk Management at Financial Firms
September 15, 2021
GARP Risk Institute recently completed its third annual Global Survey of Climate Risk Management at Financial Firms. The results detailed in this ...
Gaining Perspective on Climate: Financial Firms Should Understand Their Focus When Assessing Risk
May 24, 2021
Looking at the impact of the climate on your firm or the impact of your firm on the climate?
January 2021 Webcast Q&A: How to Make Climate Scenarios Usable for Financial Firms
April 15, 2021
Bridging the Gap Between Climate Scenarios and Risk Measurement. Our expert panel shares their views on how to make climate scenarios usable for ...
Managing Climate Risk in the U.S. Financial System
October 20, 2020
A new report links climate change with financial risk and calls for carbon pricing, incentives, and regulation
The Impact of Climate Risks on Practices at Financial Institutions and GARP’s Climate Risk Survey 2020
October 19, 2020
Though firms may realize they need to fortify themselves to respond to future climate risks, many lack the roadmap to get there.
Asian Regulators Tackle Environmental Risks
September 14, 2020
New regulatory guidelines will have a profound effect on financial institutions' decision-making
Hotter, sooner: A landmark effort refines — and raises — the warming outlook
September 9, 2020
Improved climate model narrows prediction uncertainty and raises the odds of serious climate impacts from global warming
Is There a Link Between Climate Change and Global Pandemics?
August 18, 2020
Is there a connection between climate change and pandemics? The answer could help us battle both.
Climate Scenario Analysis: Stress Testing the Future
July 2, 2020
The systemic risks of climate change are becoming more apparent to regulators. As a result, they are increasingly looking to stress testing and ...
It’s Time to Start Managing the Complexities of Climate Financial Risk
February 28, 2020
Financial institutions are under intense regulatory and investor pressure to account for the risks of climate change. What steps can they take to ...
Climate Risk Management at Financial Firms: Challenges and Opportunities
May 29, 2019
The treatment of climate risk at financial institutions has changed significantly over the past five years. Whereas it used to be viewed mostly as a ...