Skip to content
Case study

AFD’s Initiative on Assessing and Managing Physical Climate Risks

After 18 months of analysis and collective reflection, AFD is now rolling-out new risk management tools and processes (1) ensuring a thorough understanding of physical climate-related risks across its portfolio, (2) identifying adapted risk mitigating strategies and (3) offering tailor-made financing solutions and/or technical expertise to its more exposed clients.
Key points
  • Keep it simple to help your whole organisation get on board with the initiative
  • Train internal staff to raise awareness internally on the subject and ensure full appropriation of the new processes and tools developed
  • Stay focused on your core mandate, in AFD’s case to assist its most exposed clients in building resiliency and to avoid any additional penalty for those who are the most vulnerable to the impacts of climate change
  • Bring people with you by facilitating a constructive dialogue with clients to enhance general awareness of climate related risks and design together innovative risk mitigating strategies