Coalition for Climate resilient Investment (CCRI)

General

Name of initiative Coalition for Climate resilient Investment (CCRI)
LPAA initiative No
NAZCA Initiative Yes
Website address https://resilientinvestment.org/
Related initiatives
Starting year 2019
End year
Secretariat Willis Towers Watson, 51 Lime Street, EC3m 7DQ, London, United K.
Organisational structure Willis Towers Watson (UK), Global Commission on Adaptation (Netherlands), World Economic Forum (Switzerland), Government of the United Kingdom (UK), World Resources Institute (USA)
Geographical coverage Global
Name of lead organisation CCRI
Type of lead organisation NGO/Civil Society
Location/Nationality of lead organisation United Kingdom

Description

Description CCRI is a private sector-led COP26 initiative, committed to the development and testing of solutions for the integration of physical climate risks (PCRs) in investment decision-making. CCRI's scope is global, reflecting the universal nature of exposure. CCRI is focusing its efforts in three key areas: 1) At the systemic level, developing solutions for the assessment of social and economic value at risk within infrastructure networks, 2) At the asset level, advancing a framework for the integration of climate risks in individual investment processes, and 3) Through financial innovation, structuring instruments to mobilise capital towards resilient investment.
Objectives CCRI aims for all investments to effectively incorporate resilience by 2025.
Activities All three technical areas of work (systemic resilience, Asset Design & Structuring and Financial innovation) are aimed at advancing the accurate pricing of physical climate risks in investment decision maki (ng.
One or two success stories achieved

Monitoring and Impacts

Function of initiative
Activity of initiative
Indicators
Goals CCRI aims to create a more resilient global financial industry in which key incentive structures foster an accurate pricing of physical climate risks (PCRs) in investment decision-making, resulting in more resilient economies and communities across the world.

As such, our mission is to mobilise the global private financial industry, in partnership with key public stakeholders, to develop practical solutions for the pricing of PCRs in to investment decision-making. We are focused on deliverables designed to address key challenges in the investment value chain, including: An investment prioritisation tool for national decision-making A pricing model for the interpretation of climate data in cash flow modelling practices A taxonomy for the development of resilience bonds

Comments on indicators and goals At present, the main challenges are low buy-in due to the perception that resilient investment is always more expensive. CCRI's work in Asset evaluation and financial innovation will dispel this myth by not only highlighting but also providing a quantum on the (positive) impact of incorporating resilience in investment decision making. As capital is mobilised towards resilient investment. This also presents our biggest opportunities- by mobilising capital towards resilient investment we will automatically improve buy-in both at government and investor level.
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 79  
Companies 28 AECOM (USA),AIR Worldwide (USA),Accenture (Ireland),Access Corporate Finance (United K.),Agvesto (United K.),Anglian Water (United K.),Arup Group (United K.),Cambridge Econometrics (United K.),Clyde & Co (United K.),Dutch Marine Energy Centre (Netherlands),Geosyntech (United K.),Go Impact (Singapore),HS1 (United K.),Jupiter Intelligence (USA),Lobelia Earth (Spain),McKinsey & Co (USA),Meridiam (France),Mott MacDonald Group (United K.),National Grid (United K.),Octobre (France),One Concern (USA),Refinitiv (United K.),Standard And Poors Ratings Agency (USA),Systemiq (United K.),Trucost (United K.),Vinci (France),WSP (Canada),XDI Systems (Australia).
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 6 Antigua and Barbuda,  Australia,  Canada,  Chile,  Jamaica,  United K.
Governmental actors 0
Regional / state / county actors 1 California (USA)
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 44 Aberdeen Standard Investments (United K.),  Africa Finance Corporations (Nigeria),  Asian Development Bank (Philippines)

AustralianSuper (Australia),  AVIVA Investors (United K.),  Aware Super (Unite K.),  B Capital Partners AG (United K.),  CalSTRS (United K.),  CBRE Global Investors (Netherlands),  Climate Funds Managers (Netherlands),  Denham Capital (Unite K.),  DWS (Germany),  Environment Agency Pension Fund (United K.),  European Bank For Reconstruction And Development (United K.),  European Investment Bank (Luxembourg),  Fidelity International (United K.),  Future Fund (Australia),  Green Investment Group (Unite K.),  HSBC Holdings (United K.),  Impax Asset Management (United K.),  Inter-American Development Bank - IDB (USA),  Invesco Asset Management (United K.),  Legal & General Investment Management (United K.),  Lightsmith Group (USA),  Lion's Head (USA),  Lloyds Banking Group (United K.),  Macquarie Group (Australia),  Munich RE (Germany),  Meridiam Infrastructure (France),  NEPHILA (Bermuda),  Oddo BHF (France),  Schroders (Germany),  State Street (USA),  Sura Asset Management (Colombia),  Willis Towers Watson (USA).

Faith based organisations 0
Other members 0
Supporting partners 0
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No No No No No No No No No No No No No No No No No No No
Last update: 10 March 2022 14:37:20

Not only have national states as participators