The physical risks of climate change derive from both specific events like storms and floods, and more gradual changes such as temperature rise, changes in sea levels and drought. By leveraging the industry's technical and political authority in pricing risk throughout the economy, ClimateWise has the potential to preserve the viability of global markets in ways that strengthen global climate governance. ClimateWise Physical Risk Framework: The framework shows how investors and lenders can make use of well-established insurance models, tools and metrics to improve their management of some of the physical risks of climate change. The nine distinct cases of physical climate risk in various geographies and sectors that we examine, including direct impact and knock-on effects, as well as adaptation costs and strategies, help illustrate the specific socioeconomic impact of the different physical climate hazards on the examined human, physical, or natural system (Exhibit 5). The ClimateWise physical risk framework demonstrates the relevance of insurance industry modelling tools and expertise in understanding the longer-term climate impacts on real estate lending and investment portfolios. The ClimateWise physical risk framework demonstrates the relevance of insurance industry modelling tools and expertise in understanding the longer-term climate impacts on real estate lending and investment portfolios. Purpose: framework to assess the impact of transition risk and opportunity on the financial performance of investments in infrastructure at the portfolio and asset level. The aim was to develop a framework, identify good practice, and provide case studies that might help practitioners to assess the potential financial impact on liabilities from physical climate change. It is running banks' geo-coded mortgage portfolios through insurer climate models to highlight future geographic concentrations of climate risk. Crucially, the framework highlights the role of adaptation in managing these risks. Physical risk framework: Understanding the impact of climate change on real estate lending and investment portfolios Info 22 February 2019 – The ClimateWise Physical Risk Framework demonstrates how the expertise and tools of the insurance industry can support other parts of the financial system to understand their physical risk exposure. Risk and context: one mission of the Framework authors is to ensure that educators and physical therapists understand risk in both its epidemiological and individual contexts. Indeed, ClimateWise's objectives are an important development within global climate governance. ClimateWise. ... (a standardised framework to measure and manage the risk). Epidemiologically, without doubt, the risk of patient safety incidents related to any form of therapeutic intervention is small. The ClimateWise physical risk framework. A recent example of work in this area is ClimateWise's physical climate risk project. In Physical risk framework: Managing the physical risks of climate change, the ClimateWise Advisory Council offers a practical guide for investors and lenders based on natural catastrophe models to help them understand changing physical risks and the impacts on their portfolios. It can be used by any organization regardless of its size, activity or sector. ClimateWise Transition Risk framework. Though climate risk needs to be recognized and managed as a separate risk type by itself, with its own independent risk management framework, we still need to understand and calibrate its cross impact on the other primary and secondary risk types which are a part of the overall enterprise risk management framework. Crucially, the framework highlights the role of adaptation in managing these risks. 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