Project

Seeing the Dangers Ahead: Climate Risk Series

A wind turbine made out of a bar chart and a circle chart; a fire with a pressure gauge; a cloud made out of binary code (0s and 1s); a line chart in the background. The logos of the State Impact Center, Woodwell Center, and the Massachusetts AGs Office.

The State Ener­gy & Envi­ron­men­tal Impact Cen­ter, Wood­well Cli­mate Research Cen­ter, and the Mass­a­chu­setts Office of the Attor­ney Gen­er­al host­ed a three-part vir­tu­al event series that pro­vid­ed essen­tial infor­ma­tion and tools to help reg­u­la­tors and advo­cates under­stand the lat­est avail­able pub­lic and pri­vate data about phys­i­cal, finan­cial, and tran­si­tion cli­mate risks, how reg­u­la­tors might address key data gaps, and how to har­ness cli­mate risk data for gov­ern­ment deci­sion-mak­ing.

Every facet of our society is exposed to climate change risks. Storms are pummeling state highways and bridges. Heat waves and air pollution stress human health. Wildfires are destroying real estate and bankrupting businesses. And the transition to a clean energy economy means that billions of pension plan dollars invested in fossil fuels are unsafe. In order to chart an equitable transition to a resilient, zero-carbon future, we must first understand how to obtain the latest data about climate risks, learn what the data is telling us about our communities, and decide how to incorporate that knowledge into effective policy and advocacy. With billions of dollars of new federal funding on the way for climate adaptation and an array of new state and federal policies seeking corporate disclosure of climate risk information, the need to better understand climate risk data has never been more critical.

This three-part virtual series seeks to provide essential information and tools to help regulators and advocates understand the latest available public and private data about physical, financial, and transition climate risks, how regulators might address key data gaps, and how to harness climate risk data for better government decisionmaking—from corporate oversight to local adaptation planning and investment.

Events

An illustration of a temperature gauge, with the indicator pointing to the highest value, in front of a flame

Part I - Beyond the IPCC: Understanding and Harnessing the Latest Climate Physical Risk Data and Tools

Experts explored the lat­est cli­mate phys­i­cal risk data and visu­al­iza­tion tools, and explained how a deep­er under­stand­ing of the data can bet­ter equip us to pre­pare for and mit­i­gate cli­mate risks.

An illustration of a cloud made out of 0s and 1s

Part II - Risky Business: An Essential Introduction to Climate Financial Risks and the Role of Regulators

This pan­el pro­vid­ed a primer on cli­mate finan­cial risk, its rela­tion­ship to phys­i­cal risk, the role of investors, and oppor­tu­ni­ties for reg­u­la­tors to advance dis­clo­sure stan­dards and indus­try safeguards.

An illustration of a wind turbine, but the center of the turbine is a pie chart

Part III - Toward Equity and Resilience: Harnessing Climate Risk Information for Better Decisionmaking

Lead­ing experts reviewed best prac­tices and oppor­tu­ni­ties for affect­ed com­mu­ni­ties and state and local governments to uti­lize phys­i­cal and finan­cial cli­mate risk data to pro­mote resilience and envi­ron­men­tal jus­tice, as well as key data gaps and poten­tial strate­gies to address them.

Resources

Tools, case stud­ies, and oth­er resources from ​“See­ing the Dan­gers Ahead: How Reg­u­la­tors and Advo­cates Can Har­ness Phys­i­cal and Finan­cial Risk Data to Tack­le the Cli­mate Emer­gency,” our three-part webi­nar series on climate risk.

Tools

Reports

Articles

Case Studies

Miscellaneous