Physical Risk & Resilience Working Group The group helps develop solutions for investors to integrate physical risk and resilience considerations into portfolio management and drive more investment into adaptation solutions. The working group is mainly focused on; A measurement framework and metrics for adaptation and resilience; Sharing and promoting current and emerging investor practice and solutions; and Practical tools for building resilience. Chair Eric Nietsch Head of Sustainable Investing Asia, Manulife Investment Management Contact Nigel DeCoopman Policy Manager Contact Nigel Contact Jeffrey Tong Policy Analyst Contact Jeffrey 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. Riding the wave of physical risks: A compendium of tools and service providers for investors in Asia Download 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. Investor Expectations of National Adaptation Plans in Asia Download 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. Latest Physical Risk and Resilience News, Resources, and Events. Preliminary Summary – Assessment of National Adaptation Plans and Policies Policy Briefings | Jeffrey Tong | 11 November 2024 A summary analysis of national climate adaptation planning alignment with investor expectations.Download ChinaHong KongIndiaJapanMalaysiaPhysical Impacts & ResiliencePhysical Risk & Resilience Working GroupPolicy & AdvocacySingaporeSouth KoreaThailand Data Dashboard – Assessment of Asian National Adaptation Plans Report | Jeffrey Tong | 11 November 2024 This dashboard shows which existing adaptation plans and policies by governments across Asia align with investor expectations. These expectations include basing national adaptation plans on scenario analysis, consulting the private sector including financial institutions, and ensuring corporate disclosure on physical risks.Analysis of National Adaptation Plans (Google Spreadsheet) ChinaHong KongIndiaIndonesiaJapanMalaysiaPhysical Impacts & ResiliencePhysical Risk & Resilience Working GroupPolicy & AdvocacySingaporeSouth KoreaThailand Empowering Investors to Navigate Climate Challenges through AIGCC’s Physical Risk and Resilience Working Group – A Snapshot of Our Progress 24 September 2024 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. ChinaHong KongIndiaIndonesiaJapanMalaysiaPhysical Impacts & ResiliencePhysical Risk & Resilience Working GroupPolicy & AdvocacySingaporeSouth KoreaThailand Physical Risk & Resilience Working Group Q4 2024 Meeting Working Group Meeting | 9 December 2024 @ 9:00 am - 10:30 am Timezone: Asia/Singapore Physical Risk & Resilience Working Group The State of Net Zero Investment In Asia 2024 Report | Asia Investor Group on Climate Change | 8 April 2024 This report provides the most comprehensive stocktake to date of investor climate progress across Asia.Download Asia Investor Group on Climate ChangeAsset Owners Working GroupChinaChina Working GroupDecarbonising the EconomyEnergy Transition Working GroupEngagement & Policy Working GroupForest & Land Use Working GroupHong KongIndiaIndonesiaInvestor Practice & Capacity BuildingJapanJapan Working GroupKorea Working GroupMalaysiaParis Aligned Investment Working GroupPhysical Risk & Resilience Working GroupPolicy & AdvocacySingaporeSouth KoreaStewardship & Corporate EngagementThailandVietnam