Comprehensive Guide
Climate Risk 101: The Terminology Book
Climate risk and its jargon can be overwhelming, yet tackling the climate challenge starts with speaking a common language.
That’s why we created this Terminology Book, a glossary with clear definitions of physical climate risk, adaptation and related terms in banking, real estate, and insurance — helping you navigate industry jargon.
This is your go-to guide that explains complex terms in plain, everyday language to help you cut through the noise and make smarter decisions.
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Why it matters
Climate risk stalls without a shared language
Across banking, real estate, insurance, and asset management, work slows when teams use climate terms differently. This guide closes the gap with a common vocabulary so stakeholders can communicate, collaborate, and decide with confidence.
What’s inside
A–Z of physical climate risk, made usable
Clear, concise definitions with real-world context—covering concepts like scenario analysis, stress testing, collateral valuation, exposure and PD/LGD—focused on physical risk (not transition/carbon). It’s designed to be finance-ready and decision-useful.
Strategic Takeaway
Make faster decisions, build stronger resilience
A shared terminology gives teams a common baseline for disclosures and risk integration. Use the glossary to inform strategy and strengthen organisational readiness for future climate risks.
Are you ready to drive revenue by building climate resilience?
Assess risks at Portfolio and Asset levels. Allocate capital to resilience projects with measurable returns and provide audit and compliance-ready assessments to key stakeholders.
