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The Global Centre for Risk and Innovation
The Global Centre for Risk and Innovation
The Global Centre for Risk and Innovation

Glossary term

Physical risk

Risk from the physical effects of climate change, either acute (event-driven, such as storms, floods or heatwaves) or chronic (longer-term shifts such as sustained higher temperatures or sea-level rise) (TCFD; IFRS S2).

Risk from the physical effects of climate change, either acute (event-driven, such as storms, floods or heatwaves) or chronic (longer-term shifts such as sustained higher temperatures or sea-level rise) (TCFD; IFRS S2).

Institution GCRI