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ely enmeshed in the global health pandemic, emerging only to confront a war on Europe's eastern front, soaring inflation, and an energy crisis.

the very tangible impact of rising temperatures on our living environment. But the reality is that extreme weather events are not new phenomena., Incorporating physical risk exposures into analyses will be critical in enabling investors to create more resilient portfolios and helping the wider community develop robust climate adaptation strategies. , Third, forward-looking physical risk assessments should be incorporated in the due diligence process at the individual asset level.

and aligned with our programmatic work.

ve Macroeconomic Implications First, higher spending in many areas, including defense, health care, energy and food security, more resilient supply chains, and climate risk mitigation and adaptation, may well support aggregate demand.

to send the American Data Privacy and Protection Act (ADPPA) to the floor of the House of Representatives.