Resilient Planet Data Hub

Many congratulations to all the members of the FCA and PRA's #ClimateFinancialRiskForum for the launch of the 2024 session outputs! You can see those outputs here: https://lnkd.in/dt4fdDm, including excellent guidance and case studies on short-term scenarios, nature and adaptation The Resilient Planet Finance Lab @UniofOxford was honoured to support the CFRF this year on both its #nature and #adaptation working groups! In collaboration with the CFRF adaptation working group, we developed a series of data products and guidance that are all now openly available, including: - Synthesis of more than 35 existing #adaptation #taxonomies globally - Development of an approach to #transitionplanning for adaptation, building upon the #TPTguidance, with detailed targets and metrics. This is applied to the #NatureAction100 companies to provide insights on alignment. - Compilation of more than 100 sources of #assetleveldata - Database of 110+ climate and vulnerability data sources open for use - Synthesis of #adaptationtargets and #metrics to measure progress, already operational within existing standards widely used in corporate and FI reporting Follow the outputs of the #CFRF in a series of webcasts over the coming weeks hosted by Global Association of Risk Professionals (GARP): https://lnkd.in/euDW7D23 Huge gratitude to the NERC: Natural Environment Research Council for their kind support of this work! Shewly Choudhury And to our fantastic collaborators at University of Leeds and Met Office Jason Lowe OBE Iain Clacher Roberto S. Anna Freeman Dr Nicola Ranger Mark Bernhofen

"#Finance is starting to 'get' #adaptation... And what is it they ‘get’? Every business in the world will need to act to adapt to a changing #climate and #environmentaldegradation. Every new #infrastructure asset – financial flows of $2.9 trillion a year – will need to be resilient. Where and how we grow #food and use #water will need to change. And we will need to transform our #supplychains and economy to protect our #naturalcapital – fundamental to resilience – upon which our core #commodities and supply chains rely". For leading FIs, adaptation isn't just about managing #physicalclimaterisks, but is a huge opportunity. We urgently need to scale up adaptation and nature finance and this investment can be a win-win for FIs, their clients, investees and society. See: https://lnkd.in/gbewA_Dz Over the past year, we've worked with 100s of partners across many countries - from Europe to Asia, the Caribbean and Africa - to co-develop tools and evidence to grow #adaptation and #naturefinance based on the best science and research.  Here is what we found: - To a large extent, we already have the metrics and standards we need to operationalise adaptation within finance. - We’re not short of data, but we are short of skills/capability to use it well. - Efforts to price and manage risks are however being hampered by current scenarios and approaches that do not capture the risks adequately. - Taxonomies are everywhere and already being used by many asset managers to structure adaptation-aligned portfolios.  - Integrating resilience into emerging #transitionplans makes sense. So far, firms have taken the ‘low-hanging fruit’ with few signs that adaptation is being fully addressed. - but, a lack of government action is stifling progress. FIs and corporates struggle to align their plans and investments with adaptation needs when there is no clear plan from government or sense of what good adaptation looks like. Check out our report and website for a huge number of fully open resources and datasets to support adaptation and nature finance, including our database of climate-related datasets and taxonomies and case studies of applications in financial risk assessment, sovereign credit ratings, nature-based investments and resilient infrastructure. https://lnkd.in/e8nzg4SX Huge thank you to all of our partners , inc. Climate Arc, NERC: Natural Environment Research Council, Insurance Development Forum, United Nations Office for Disaster Risk Reduction (UNDRR), Green Finance Institute and more. Emma Howard Boyd CBE, Meryam Omi, Dr Iain Williams, Nigel Topping, CMG, Marcia Toledo Sotillo, Ekhosuehi Iyahen, Kamal Kishore, Catherine B.. And huge congrats and gratitude to all the team at Resilient Planet Finance Lab @UniofOxford, the Environmental Change Institute (ECI), University of Oxford and our many collaborators, in particular Jim Hall and friends at the Oxford Programme for Sustainable Infrastructure Systems.

If you’re attending #ClimateWeekNYC, come and find us at a series of events where we'll be working to advance nature and adaptation finance, share our work as part of the Resilient Planet Finance Lab @UniofOxford and reconnect with our partners from all over the world. On Sunday 22nd, join us to develop the Resilient Planet Initiative (RPI). RPI will improve access to critical climate and adaptation information through three linked digital platforms: Data Hub, Solutions Hub, & Exchange Hub. For more information see: https://lnkd.in/eBifBcCb. Mark Bernhofen will share our latest updates to the Resilient Planet Data Hub and Roberto S. will present our work on adaptation taxonomies and alignment metrics. On Tuesday 24th, I'm delighted to be presenting at the United Nations Environment Programme Finance Initiative (UNEP FI) Sustainable Investment Forum North America: https://lnkd.in/edy2dP5E On Thursday 26th, we'll be joining Climate Arc at their flagship Transition Arc event to showcase our new collaboration on adaptation metrics and corporate plans, and then at the The New York Climate Exchange. We'll also be attending a series of other events and roundtables on nature and resilience risk metrics, analytics and finance, including events led by WaterAid, S&P Global, Climate Policy Radar, Systemiq Ltd., E3G and many more and look forward to seeing you there! Of course, we're particularly looking forward to the Climate Proof adaptation community drinks - see you there!

📢 Our first annual report is now live! 📢 The Resilient Planet Finance Lab was established last year (in collaboration with United Nations Office for Disaster Risk Reduction (UNDRR) and Insurance Development Forum) as an accelerator programme that aims to radically scale the mobilisation of finance and action for resilience, nature and SDGs globally. Over the last year, we've delivered a whole suite of new evidence, analytics, and solutions to centre climate adaptation, nature and resilience in financial decision-making. This would not have been possible without our partners to whom we are super grateful. Check out our report for a full summary of our work - some highlights include: 🌍 Designing new ways to integrate climate and nature into scenario analyses 🤖 Developing an AI tool to assess corporate alignment with climate adaptation 💼 Enabling conditions for adaptation finance by looking at adaptation-inclusive transition plans and making policy recommendations for the UK 🔍 Making the case for action now through improved risk analyses 🛠 Creating user-friendly guides for the use of resilience metrics, climate risk data, specialist data providers, adaptation taxonomies and more Looking to the future, we're excited to continue working with our partners and are open to exploring new collaboration opportunities for impact. We'll be scaling up our activities, particularly on #naturefinance and #adaptationfinance, to equip institutions with the tools necessary for enhanced action. 👉 Explore the report further here and learn about our achievements and our future priorities: https://lnkd.in/eE5FX7GG Climate Arc, NERC: Natural Environment Research Council, High-Level Climate Champions, Kamal Kishore, Ekhosuehi Iyahen, Dr Iain Williams, Meryam Omi, Nigel Topping, CMG, Marcia Toledo Sotillo, Emma Howard Boyd CBE, Dr Nicola Ranger, Mark Bernhofen, Dr Jimena Alvarez, Roberto S.

Dr Jimena Alvarez of the Resilient Planet Finance Lab @UniofOxford will give the keynote address on integrated nature-climate risks, stress testing and scenario analysis at the first major joint event of the UK Centre for Greening Finance and Investment (CGFI) and Integrating Finance and Biodiversity Programme in Leeds on 8th October. Her speech will link together insights from our work as part of Integrating Finance and Biodiversity with UK policymakers, financial institutions and the NGFS on nature-related risks with previous work on lessons from CBES for stress testing and scenario analysis led by Dr Nicola Ranger, Director of RPFL, with the Climate Financial Risk Forum, as part of the CGFI. Register below to attend the event in person at Nexus Leeds. ⬇️

**New partnership**Resilient Planet Finance Lab @UniofOxford, Climate Arc and XDI (Cross Dependency Initiative) partner on a major new initiative to assess corporate-level #physicalclimaterisks and #physicalnaturerisk and #adaptation #investments and integrate this within the new #TransitionArc platform - transition and resilience #alignment analytics side by side as a key enabler of transition planning, engagement, risk management, strategy and investment decision making - a massive game changer for #adaptationfinance and #naturefinance Meryam Omi | Felix Preston | Owen Grafham | Federico Mazza | Karl Mallon | Roberto S. | Mark Bernhofen | Michael Obersteiner | Emma Howard Boyd CBE

We’re thrilled to be working with Climate Arc and XDI (Cross Dependency Initiative) to integrate #physicalrisks and #adaptation into the Transition Arc platform. This builds upon the Resilient Planet Data Hub and methods and data built with kind support of Climate Arc over the past year. Resilient Planet Finance Lab @UniofOxford

We’re thrilled to be working with Climate Arc and XDI (Cross Dependency Initiative) to integrate #physicalrisks and #adaptation into the Transition Arc platform. This builds upon the Resilient Planet Data Hub and methods and data built with kind support of Climate Arc over the past year. Resilient Planet Finance Lab @UniofOxford

When we work with financial institutions on #resilience and #adaptation, lack of data and knowledge often come up as a key barrier. Questions such as "how do I interpret data for #physicalriskassessment and what data is best?", "what does a good #investment look like?" and "how can we assess progress of firms on managing climate and nature risks and their #alignment with goals?". The mission of the Resilient Planet Finance Lab @UniofOxford, led by Dr Nicola Ranger, is to co-develop and share the evidence, analytics and solutions to radically scale the #mobilisation of in finance for #resilience, #nature and #SDGs globally. As a research and impact accelerator, we work as a public good, developing resources to support policy and investment decisions with core principles of openness, quality, inclusiveness and objectivity. The celebrate our first birthday and LCAW2024, we released a 'candy store' of new analyses and tools: - A synthesis of 25 adaptation #taxonomies from both non-state actors, nations and regional bodies (literally in one downloadable file!) and analyses of their commonalities and differences and a set of recommendations for future development: https://lnkd.in/e93aei-5 - A framework for integrating resilience within #transitionplans, building off the Transition Plan Taskforce (TPT) framework, and a set of indicators to measure progress of corporates on risk management and alignment, as well as an initial analysis of the Nature Action 100 companies: https://lnkd.in/eP3EFjks - Synthesised adaptation and nature #targets and #metrics from more than 30 different standards bodies and reports, including ISSB, TCFD and SASB. Updated with 2024 standards: https://lnkd.in/eKpwU-qr - Climate Data 111+ - a database of climate data for risk assessment, adaptation planning, policy, and resilient infrastructure. Each data source is described with a detailed and standardised set of attributes, ensuring that users can easily understand and compare the data. https://lnkd.in/eDei95-i - Our key analyses on nature-related financial risks: https://lnkd.in/e967exsE This is complemented by the Resilient Planet Data Hub, where we make openly available all the data that we generate to understand climate and nature-related resilience, as well as useful third party sources: https://lnkd.in/eW4E5U2Q More to come very soon! Well done team! And a huge welcome to our new Lead on Climate Risk Analytics, Dr Mark Bernhofen! Huge gratitude to our funders and partners Climate Arc, NERC: Natural Environment Research Council and Oxford Martin School, and our partners.

A fantastic start to #LCAW2024, co-hosting a roundtable of 40 institutional investors, government officials and project developers to explore how we can #mobilisefinance for #resilientinfrastructure in Emerging and Developing Economies with The Private Infrastructure Development Group and Climate Policy Initiative. We discussed: - the growing adaptation finance gap - around $60bn per year (around 10% of mitigation finance) - the reasons for the apparent mismatch between the size of this gap and the demonstrated success and returns at project level with case studies and analyses shared by PIDG, BlackRock, HSBC et al - opportunities through making resilience a core part of the due diligence processes for the $2.9 trillion existing finance flows - opportunities for infrastructure with dual benefits, with resilience integrated alongside development and net zero - need for more work to build a conducive environment for investment in EMDEs - opportunities for scaling up resilience finance via fixed income markets, particularly sovereign green and sustainable bonds - growing opportunities for #greeninfrastructure with #intentionalbenefits for people, planet and prosperity - #systemicbenefits of investing in resilient infrastructure in terms of improved credit ratings, local jobs and development and global supply chain and macroeconomic resilience We showed our toolkit for assessing resilient investment opportunities via the Resilient Planet Data Hub, including our open global risk assessment tool and resilient infrastructure toolkits in Jamaica, South East Asia and East Africa developed by @OPSIS. We also showcased our #resiliencefinance tools including our synthesis of 35 adaptation investment taxonomies and analysis demonstrating the #local and #global #systemicresilience benefits of investing in resilient infrastructure in EMDEs The event was chaired by the always fantastic Emma Howard Boyd CBE and hosted by PIDG CEO Valahu Philippe with our excellent partners Stuart Cannon, Marco Serena, Dharshan Wignarajah and Sasha Abraham and our resilient infrastructure toolkit expertly demonstrated by Mark Bernhofen, Roberto S. and Estelle Paulus. Thank you to the team, to The Private Infrastructure Development Group for hosting the roundtable, and all our attendees for an inspiring and insightful roundtable. 🙏 Resilient Planet Finance Lab @UniofOxford Oxford Martin School Environmental Change Institute (ECI), University of Oxford