COP27: Initial indices launched for standardised climate risk metrics
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COP27: Initial indices launched for standardised climate risk metrics

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Photo: UNFCCC

An international taskforce has launched an initial tool that provides financial firms and insurers with a standardised set of climate metrics to help them measure the extent of climate risks to infrastructure and communities in certain countries.

The Global Resilience Index Initiative (GRII), a public-private partnership working under the Mark Carney-backed Insurance Development Forum (IDF), has launched an initial set of “people”, “planet” and “prosperity” indices that can be accessed via a new demonstrative tool, as...

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