Physical and Transitional risks = Financial risks.
Physical risksFlooding/Drought Heat stress Extreme weather events.
Transitional risksGreen economy Social crisis Sanitary crisis.
Financial risksProduction/Operation disruption Physical damage to assets Changes in demand for product/services.
What gets measured, gets managed.
The Impact Pulse is an aggregated indicator to assess the economic, social and environmental effects of extreme weather events. Quantifying the damage by:
Know where the highest effects have been produced.
Discover the infrastructure and public services that have been most affected (roads, bridges, schools, hospitals, etc.).
Estimate the social and economic impact by quantifying the affected crops or displaced an affected people.
Follow up how the initial scenario is recovered in the time following the event.
This objective information on damage assessment is key to prioritize relief and recovery actions in terms of investment and resources as well as support operations for disaster risk analysis.