From Local Shocks to Systemic Impacts: A Multi-hazard, Systems-based View of Physical Climate Risk 2026 Tender
••••• Department
Research project investigating how local physical climate shocks cascade into systemic economic and financial impacts through complementary methodologies beyond mainstream climate scenario analysis. Bidders should have expertise in climate risk modelling, systems dynamics, physical hazard assessment, and economic impact quantification.
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About this tender
Research project investigating how local physical climate shocks (storms, flooding, droughts, heat stress) can become systemic risks through cascading, compounding, and contagion effects. The project focuses on understanding UK vulnerabilities to climate shocks in other countries to support improvements to industry practices and inform government policy, regulation, and prudential supervision. Research will employ complementary methodologies to support holistic approaches to physical risk appraisal and management, moving beyond mainstream climate scenario analysis limitations. …
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