Assess the likelihood, timing and scope of climate risks. In “Climate Risks: An Investor's Field Guide to Identification and Assessment”, financial analyst Bob Buhr delivers a risk-based framework for classifying and measuring potential climate risks at the firm level, and their potential financial impacts. The author presents a "climate risk taxonomy" that encompasses a broad range of physical, transition and natural capital risks that may impact a firm's financial profile. The taxonomy presented in the book will be of interest to investors and lenders involved in: • The identification and assessment of the potential scope and impact of a wide range of risks that might normally remain outside of more traditional risk or credit analysis, usually for horizon issues • The determination of the points at which climate risks may crystallize into real and significant financial exposure • The assessment of the relative aggregate riskiness of portfolios exposed to climate and natural capital risks at the firm level A rigorous and practical toolkit for the assessment and measurement of a broad range of potential climate risks, this book offers fund managers, portfolio analysts, risk experts, and other finance professionals a clear blueprint for assessing potential financial impacts at firms arising from climate change.
