Financial markets persistently understate physical climate risk, despite material impacts today -report 

Published 12:27 on May 18, 2026 / Last updated at 11:05 on May 26, 2026 / / EMEA (Europe), Net Zero Transition (Investment, Reporting & Disclosure)

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Standard climate risk tools across financial markets materially understate physical climate risk, despite climate hazards already causing investors financial loss, according to think tank analysis of the climate risk strategy of Norway's sovereign wealth fund.
Standard climate risk tools across financial markets materially understate physical climate risk, despite climate hazards already causing investors financial loss, according to think tank analysis of the climate risk strategy of Norway's sovereign wealth fund.


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