With the recent publication of the FCA’s Adaptation Report, highlighting the significant challenges and opportunities facing the financial services industry and listed companies in adapting to climate change, it is clear that physical climate risk has become a major regulatory issue.

This summit brings together leading experts, policymakers, and practitioners who will share actionable strategies for mitigating physical climate risks and building long-term resilience in financial services and the corporate sector. The programme covers all the main issues identified in the FCA’s report:

• Exposure Management: Understanding how financial services firms manage exposure to physical climate risks that could impact consumers and market stability.
• Data & Modelling: The need for improved data and modelling to quantify and manage climate risks effectively.
• Capital Allocation: Challenges and opportunities in directing financial resources toward climate adaptation efforts.
• Risk Management Adjustments: Enhancing insurance and loan underwriting practices and due diligence in investment markets.
• Insurance Underwriting: Barriers and enablers to underwriting climate risks, impacting lending and investment.
• Financial Products: The role of financial products in facilitating adaptation and transition, including capital allocation and underwriting climate risks.