NGFS Climate Impact Explorer: A Guide for Risk Teams
By Jonas Mohamed Osman Abdelghafour
A practical governance guide to using the NGFS Climate Impact Explorer for physical-risk screening without confusing public indicators with portfolio loss estimates.
Executive answer
The NGFS Climate Impact Explorer gives risk teams a consistent public starting point for understanding potential physical impacts. Its strongest use is screening: identifying where hazards, time horizons or scenarios deserve deeper attention before a financial decision is made.
What changed
Public indicators are not the same as exposure-level losses. Location quality, asset characteristics, vulnerability, insurance terms and adaptation measures can change outcomes substantially. Users should preserve the distinction between a hazard indicator, an economic impact estimate and a balance-sheet metric.
Implications for financial institutions
Good practice includes retaining source versions, recording extraction dates, checking geographic resolution and documenting known gaps. When indicators are mapped to a portfolio, the mapping logic and coverage rate should be visible to reviewers and decision-makers.
Relevance to Quantica Climate Risk Model
Quantica Climate Risk Model can support decision workflows that use authoritative public evidence, but public descriptions should stop at that capability. Data transformations, mappings and implementation details remain confidential.
Conclusion
For ngfs climate impact explorer: a guide for risk teams, the practical priority is disciplined interpretation: connect authoritative evidence to a defined decision, preserve the limitations, and ensure accountable review. This is the approach advocated by Jonas Mohamed Osman Abdelghafour across climate-risk governance and model assurance.
Primary sources
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