New research by the Global Association of Risk Professionals (GARP) highlights the increasing risks associated with the transition to clean energy and sustainable transportation due to climate change. The research focuses on minerals essential for technologies like batteries and solar panels, which are at risk due to increasing extreme weather events. The article emphasises the need for better data and targeted action to build resilience against these climate risks. The concentration of mineral production and processing in specific geographic areas introduces geopolitical and environmental risks. The article calls for integrating ESG risk data with climate projections to mitigate potential disruptions and losses. Overall, the article is a call to action for risk practitioners and decision-makers to use improved climate risk information for strategic planning and to address the challenges in transitioning to a sustainable energy future.



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