Garp scr exam ch1 3 - Study guides, Class notes & Summaries
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GARP SCR EXAM CH.1-3 WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
- Exam (elaborations) • 22 pages • 2024
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Climate Risk - ACCURATE ANSWERS financial risks linked to climate change 
 
Also called Hazards* (Exposure * Vulnerability) 
 
How does climate risk create financial risk? - ACCURATE ANSWERS In two ways: 
Physical risk (destruction from climate such as storms, rising sea level, rising temp) 
 
Transition risk (transitioning existing infrastructure to clean energy and dislocation of people/cities) 
 
Physical Risk - ACCURATE ANSWERS Financial consequences of physical effects and changing weathe...
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