Financial institutions are recognizing the importance of physical climate-related risks and are expected to disclose the presence of such risks in their portfolios. The assessment of physical risks is based on climate data and in particular with the advent of climate change, it will increasingly be based on the forward looking climate scenarios. Most financial actors, especially in the banking sector, presently lack the knowledge and tools required to access and use the climate datasets. The purpose of this document is to review the main sources of climate data, to provide an access point to this field for finance professionals.
Keywords: physical climate risks, climate data, reanalysis
JEL Classification: Q54