Warning bells have been sounded - record breaking extreme weather events in 2021 from fires to floods and hurricanes to tornadoes have made it difficult to ignore the fact that climate threats are intensifying and accelerating. Water (be it surface, ground, ice, snow or sea level rise) is the most vulnerable resource to climate change and poses clear threats to economies and populations across the world. If the rising water risks are not managed, they could trigger systemic shocks to global financial institutions. CWR has been working to embed water and climate risks in finance and business for the last decade so that they can prepare for and avoid future shocks.
A thought leader in this space, CWR’s unique approach has seen its work published by NatureSpringer, Palgrave Macmillan and influential Chinese journals as well as used from Clean Energy Ministerial Meetings to the fashion industry to accelerate business unusual. CWR has also collaborated with banks on financial research and provides technical guidance to TCFD’s Knowledge Hub and Climate Disclosure Standards Board Framework for water-related disclosures. So how did CWR manage to do this? Join its Founder, Debra Tan, on a behind-the-scenes tour of the curation of some of CWR’s high impact research and find out how to unpack water risks for the financial industry as well as key challenges and research gaps ahead.