Chronic physical risk
ESG & GovernanceClimate risk from long-term shifts, such as rising average temperatures, sea level rise and changing rainfall.
Chronic risks build slowly but can permanently change how viable a location or business is. Examples include falling groundwater, lower crop yields, more cooling needs for data centres and greater flood exposure for coastal cities. They matter most for long-lived assets such as infrastructure, real estate and power plants.
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From the research
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