by Julie A. Vano, Aspen Global Change Institute

February 2022 Research Review

Faced with extreme weather events and other disruptions of the past two years, business leaders are rethinking how they evaluate climate risks and struggling to quantify climate change impacts and source the data needed to help evaluate those risks. In a 2021 perspective for Nature Climate Change, Tanya Fiedler of the University of Sydney Business School and Andy Pitman of the Climate Change Research Centre, UNSW, Sydney, and colleagues outline the challenges to businesses looking to climate science to help assess climate-related financial risks and suggest improvements to facilitate businesses’ ability to effectively mitigate or adapt to these risks.