As the UK and other parts of Europe face the prospect of further heatwaves following an already relentless and record-breaking summer, one encouraging development has been the growing focus on climate adaptation and resilience.
The need to build more climate-resilient societies is finally receiving greater attention, supported by mounting evidence of the economic, financial, environmental and human costs of climate impacts. While significant gaps remain and many aspects of housing, transport and public infrastructure are still ill-prepared for a changing climate, there is now a much clearer recognition of the scale and urgency of the adaptation challenge.
From the investor perspective, particularly those with exposure to asset classes like real estate and infrastructure, the heatwaves are another timely reminder that the physical impacts of climate change are here today. At the same time, there is growing recognition that assets and businesses that are better prepared for a changing climate may be better positioned to deliver sustainable performance over the long term. Increasingly, understanding and managing these risks is seen as part of protecting long-term value and building resilient portfolios.
It has also been a reminder of how the work of IIGCC and its members is more important than ever. Our Physical Climate Risk Appraisal Methodology (PCRAM) is one highly relevant example of how we are helping investors better understand and assess physical climate risks. As we celebrate our 25th anniversary, it has been a moment to reflect on this work while also keeping a firm eye on how we continue to equip members to manage climate-related financial risks and opportunities.
With that in mind, the second half of 2026 offers several important moments, including our engagement around COP31, our AGM on 24 November, and the development of our next three-year strategy for 2027–2030. We look forward to sharing more over the coming months as we shape the next chapter of IIGCC's work.
Disclaimer: All communications and initiatives undertaken by IIGCC are designed solely to support investors in understanding risks and opportunities associated with climate change and take action to address them. Our work is conducted in accordance with all the relevant laws, including competition laws and acting in concert rules. IIGCC’s services to members do not include financial, legal or investment advice. The views expressed here do not necessarily represent those of all IIGCC members.