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Climate Risk and Response: Physical Hazards and Socioeconomic Impacts

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Climate Risk and Response: Physical Hazards and Socioeconomic Impacts

Home » Economic Activities » Business Case for Resiliency » Climate Risk and Response: Physical Hazards and Socioeconomic Impacts

Climate Risk and Response: Physical Hazards and Socioeconomic ImpactsClimate Risk and Response: Physical Hazards and Socioeconomic Impacts provides data and reasoning for why communities will need to put in place the right tools, analytics, processes, and governance to properly assess climate risk, adapt to risk that is locked in, and decarbonize to reduce the further buildup of risk.

This report links climate models with economic projections to examine nine cases that illustrate exposure to climate change extremes and proximity to physical thresholds. A separate geospatial assessment examines six indicators to assess potential socioeconomic impact in 105 countries. It also provides decision makers with a new framework and methodology to estimate risks in their own specific context.

The report explains seven risks of physical climate change that stand out: It is increasing; it is spatial, non-stationary, nonlinear, and its effects are systemic, regressive, and companies and communities need to be more prepared for the effects of climate change. The report draws attention to how climate change is already having significant physical impacts in regions across the world. The report includes graphs showing hows temperatures across the globe will change, and projections for precipitation as well.

The report shows how socioeconomic impacts will likely be nonlinear and have knock-on effects. Case studies in the report focus on major geographies and sectors across the globe and how they will be affected by climate chage in terms of livability and workability, food systems, physical assets, infrastructure services, and natural capital.

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The Resilience Calendar

  • 2023 Tree Steward Symposium
    Date: September 22, 2023

    Registration includes lunch, refreshments & admission to our evening social on Friday, September 22 at Maury Park. Saturday's event is FREE for all.

    Learn more and register More details...

  • Extreme Disturbances and Climate Change
    Date: September 26, 2023

    This virtual workshop is open to natural and cultural resource managers, especially in Tribal Nations and the southern United States, and others who want to learn more about the science of extreme disturbances, their…

  • Climate-Driven Changes in Prescribed Fire in the Southeastern U.S.
    Date: September 26, 2023

    The Southeast Climate monthly webinar series is held on the 4th Tuesday of each month at 10:00 am ET.

    Learn more and register here.

  • White House Environmental Justice Advisory Council (WHEJAC) Virtual Public Meeting
    Date: September 26, 2023

    This free meeting is open to all members of the public. Individual registration is REQUIRED and is available through the scheduled end time of the meeting day.

    Learn more and register

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