Climate protection gap: methodological tool-box for the agribusiness

Climate change represents a relatively new risk compared with other traditional insurance and financial risks. Nevertheless, it gained priority in the agendas of governments, public institutions, and private stakeholders. Climate change mainly involves two kinds of risks: the physical and the transitional risks. The former determines effects directly from climate change due to the physical impact of increasing severity and frequency of extreme climate change-related weather events, and the latter effects arising from the change to a carbon-neutral economy, to meet the objectives of the Paris Climate Agreement.