This is the fifth of a series of papers being developed by the IAA Climate Risk Task Force as a deliverable in the Statement of Intent for IAA Activities on Climate-related Risks (SOI) adopted by the IAA Council on 7 May 2020. The previous papers published in this series are available on the IAA website at Climate Issues (actuaries.org).
Other papers to expect in the series are:
‧ A paper on the potential effects of transition and adaptation steps.
‧ A paper on the link between climate-related risk scenarios and social security.
‧ A paper on the review of existing IAA publications (e.g., model standards, educational materials) relating to IFRS and IAIS topics to identify and address any climate risk related gaps.
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Please note the separate Glossary accompanying this paper, which the IAA will update as further papers on climate-related risks are developed.