- Fifty large European publicly listed companies disclosed their climate risks in 2020, yet only a small percentage provided specifics on sectoral risks, as well as how risks differ over time and according to different climate scenarios. - Large national and multinational companies, and companies regulated by mitigation policy are the first movers in corporate adaptation, while small and medium-sized enterprises often lack the knowledge and resources to address risks and adaptation options. - Climate service providers, insurance companies and central banks have developed different tools for climate risk assessment, such as, stress testing, scenario analysis, value at risk. :unselected: :unselected: :unselected:
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report