Evaluation Tools and Guidance
The group contributed to the compendium report of physical risks tools and service providers for Asian investors in 2021, and the Investor Expectations on National Adaptation Plans in Asia, which was brought to COP27 in late 2022.
Scaling Adaptation and Resilience through Investor Action
December 2025
AIGCC established its Physical Risk and Resilience (PRR) Working Group in 2021 to enable investors to navigate physical risk challenges and strengthen engagement on resilience planning with corporates and policymakers in the region.
Asia’s Powerhouses at Risk: Physical Climate Risk Exposure and Resilience Readiness across Asia’s Electric Utilities
November 2025
New research jointly published by the Asia Investor Group on Climate Change (AIGCC) and MSCI Institute, assesses physical climate risk exposure and resilience readiness across 11 major Asian electric utilities. It combines asset-level analysis of 2,422 power generation sites with a review of corporate adaptation plans, highlighting rising financial impacts from climate hazards and outlining actions for utilities, policymakers, and investors to strengthen systemic resilience.
Financing Asia’s National Adaptation Plans: An assessment of the region’s adaptation plans against investors’ expectations
The report is an assessment of the NAPs of nine Asian markets, benchmarked against seven investor expectations, and further mapped against elements of the NAP process as set out by the UNFCCC.
Asian governments will need to massively supplement public funding, which cannot meet the scale of climate adaptation required in most Asian markets.
As the exposure and vulnerability to physical risks – such as floods, heat stress, and water stress – vary across sectors and geographies, each market’s NAP thus forms the building blocks for policy certainty that is necessary to unlock private capital flows.
Empowering Investors to Navigate Climate Challenges through AIGCC’s Physical Risk and Resilience Working Group – A Snapshot of Our Progress
AIGCC’s Physical Risk and Resilience Working Group (PRR WG) was established to equip investors with the tools and knowledge necessary to integrate physical risk considerations and resilience in their portfolio management and to catalyse investment in adaptation solutions.
Investor Expectations of National Adaptation Plans in Asia
Our members are committed to working closely with governments on achieving set targets through the National Adaptation Plan (NAP) process.
The members of AIGCC’s Physical Risks Working Group have put together a list of key asks from governments on the various elements of the National Adaptation Plan process.
These include basing national adaptation plans on scenario analysis, prioritising vulnerable communities, and ensuring corporate disclosure on physical risks.
Riding the wave of physical risks: A compendium of tools and service providers for investors in Asia
We produced a summary of 18 providers that offer tools and analytics covering Asian companies and geographies for physical risk, and several case studies showcasing outputs.
The tools are a mix of top-down and bottom-up analysis, supporting portfolio assessment, security selection, strategic and tactical asset allocation, risk management and regulatory reporting.
Investors should note there is significant growth in this industry with new service providers coming to market regularly and frequent updates made to existing tools.