
Sign up to save your podcasts
Or


Extreme weather events like fires and floods are causing companies to take a closer look at the physical risks posed by climate change, and how they could impact their income and balance sheets.
Despite the financial threat posed, awareness of physical risk is currently low and exposure to potential losses and damage is still underreported in financial disclosures. As demand for transparency grows among investors and policymakers, what is the actual scale of the threat from physical climate risk, and what can be done to improve reporting and data collection?
On today’s show, Dana sits down with Danya Liu, an analyst from BloombergNEF’s climate risk team. Together, they discuss the different forms physical risk can take and which weather events leave the largest financial impact, why the financial services industry is especially vulnerable to climate-driven catastrophes, and how insurers could help improve awareness of physical risk and data reporting.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF on the Bloomberg Terminal, on bnef.com or on the BNEF mobile app.
Links to research notes from this episode:
Beyond Fire and Floods: Firms Gauge Costs of Physical Risk - https://www.bnef.com/insights/32983
See omnystudio.com/listener for privacy information.
By Bloomberg4.7
9595 ratings
Extreme weather events like fires and floods are causing companies to take a closer look at the physical risks posed by climate change, and how they could impact their income and balance sheets.
Despite the financial threat posed, awareness of physical risk is currently low and exposure to potential losses and damage is still underreported in financial disclosures. As demand for transparency grows among investors and policymakers, what is the actual scale of the threat from physical climate risk, and what can be done to improve reporting and data collection?
On today’s show, Dana sits down with Danya Liu, an analyst from BloombergNEF’s climate risk team. Together, they discuss the different forms physical risk can take and which weather events leave the largest financial impact, why the financial services industry is especially vulnerable to climate-driven catastrophes, and how insurers could help improve awareness of physical risk and data reporting.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF on the Bloomberg Terminal, on bnef.com or on the BNEF mobile app.
Links to research notes from this episode:
Beyond Fire and Floods: Firms Gauge Costs of Physical Risk - https://www.bnef.com/insights/32983
See omnystudio.com/listener for privacy information.

406 Listeners

2,170 Listeners

440 Listeners

1,253 Listeners

398 Listeners

968 Listeners

124 Listeners

501 Listeners

195 Listeners

133 Listeners

63 Listeners

141 Listeners

78 Listeners

30 Listeners

80 Listeners

617 Listeners

4 Listeners

270 Listeners

210 Listeners

58 Listeners

232 Listeners

226 Listeners

60 Listeners

58 Listeners

109 Listeners

81 Listeners

389 Listeners

21 Listeners

12 Listeners

7 Listeners

2 Listeners

140 Listeners

74 Listeners