Climate risk assessment is the process of identifying, evaluating and prioritizing the potential impacts of climate change on natural and human systems. It involves analyzing the likelihood and potential consequences of climate-related hazards, such as extreme weather events, sea level rise and changes in temperature and precipitation patterns and the vulnerability of different systems and sectors to those hazards.
Climate risk assessment helps individuals, organizations and governments understand the potential risks and opportunities associated with climate change and develop strategies to adapt to or mitigate those risks. It can be used to inform decision-making in a variety of areas, such as land use planning, infrastructure development and resource management.
Climate risk assessment plays a critical role in building resilience to climate change and ensuring sustainable development in the face of a changing climate.