Existing constraints in current climate risk assessments make them inappropriate to effectively assess the true exposure of society and businesses to climate-related risk. Using the key constraints to guide a conceptual framework, we identify four cross-cutting and inter-related critical paths for improvement.
•Transparencytoday's lack of commonly accepted methods and principles and the extensive use of 'black-box' approaches to CRA limits trust and the ability to improve, compare and combine the results of different assessments.
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