Mushtaq Kapasi, Head of ICMA Asia Pacific, speaks to Dr Entela Benz, Adjunct Associate Professor, Department of Finance at the Hong Kong University of Science and Technology Business School and co-founder and CEO of Intensel, and Dr Saurabh Singh, co-founder and CTO of Intensel about the different and sometimes unexpected aspects of climate risk, how to determine climate risk from underlying data and models, and how this risk can be translated into a “climate spread” on the price of assets.