The consequences of realised risks on natural and human systems, where risks result from the interactions of climate-related hazards , exposure, and vulnerability. Impacts generally refer to effects on lives, livelihoods, health and well-being, ecosystems and species, economic, social and cultural assets, services  and infrastructure. Impacts may be referred to as consequences or outcomes, and can be adverse or beneficial. See also Adaptation, Exposure, Loss and Damage, and losses and damages, Vulnerability and Risk.
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report