A road map to understanding physical climate risks
The Coalition for Climate Resilient Investment (CCRI) is the first of its kind. Launched at the UN Climate Action Summit in 2019 as a private sector-led initiative, we support investors and policy makers to better understand and manage physical climate risks.
With over 120 members and $20 trillion in assets under management, the Coalition spans governments, international organisations, technical institutions, ratings agencies and private financial institutions.
By bringing together industries and leaders across the finance and investment world, CCRI is pioneering solutions that are both innovative and practical to ensure all infrastructure investments incorporate physical climate risks and advance climate resilience.
Climate change is making extreme weather more frequent and intense. To be more effective at preventing future human and financial disasters, a critical step is to build a network of climate-resilient infrastructure in the most vulnerable and advanced economies.
Investments in infrastructure assets and networks – water and sanitation, energy, transport, housing – are critical, forming the backbone of economies and societies, and the growing impacts of climate change are challenging the integrity of existing and new infrastructure systems.
Yet, it is unclear to what extent these infrastructure investments integrate physical climate risks – from temperature and rainfall variations to floods, droughts, and more extreme weather events - into their design and financing.
As long as physical climate risks fail to be incorporated into investment decision-making – due to a lack of regulation, data and other resources - investors will have little incentive to change how they plan, design and finance large-scale infrastructure to build long-term resilience to climate change risks into their projects.
CCRI’s mission is to mobilise the global private financial industry, in partnership with key public institutions, to develop and test practical solutions for the effective integration of physical climate risks in investment decision-making.
By advancing more efficient investment decision-making practices, we will see lives and economies in developing and developed regions become more resilient.
Meet the team behind the Coalition for Climate Resilient Investment.
John Haley is Chair of the Coalition for Climate Resilient Investment, having helped its launch at the UN Climate Action Summit in September 2019. John served as both Chief Executive Officer and a Director of WTW from 2016 until his retirement in 2022. He also Chairs the Board of Directors at Maximus, as well as being on the board of directors at the Miami Cancer Institute and the New World Symphony. John is a Fellow of the Society of Actuaries and the Conference of Consulting Actuaries, and has served as a trustee of The Actuarial Foundation.Read full bio
Emma Howard Boyd
Emma Howard Boyd CBE is Chair of the Environment Agency, an Ex officio board member of the Department for Environment, Food and Rural Affairs and interim Chair of the Green Finance Institute. She is also an Adviser to the Board of Trade, and a UN Global Ambassador for Race to Zero and Race to Resilience ahead of COP26. Emma serves on several boards and advisory committees including: The Coalition for Climate Resilient Investment (co-Chair), The European Climate Foundation, The Council for Sustainable Business, The Prince’s Accounting for Sustainability Project, Menhaden PLC. Emma was the UK Commissioner to the Global Commission on Adaptation from 2018 until January 2021. Read full bio
Samir Assaf is Chairman of HSBC Corporate and Institutional Banking and Chairman of the Board for HSBC Middle East, with a focus on sustainable finance and developing partnership opportunities. Samir serves as co-Chair for the Coalition for Climate Resilient Investment and represents HSBC across initiatives including FAST-Infra, OnePlanet and HRH The Prince of Wales's Accounting for Sustainability Project's Summit amongst others.Read full bio