ANNOUNCEMENTS
This research investigates transition risks across the real estate supply chain and evaluates physical climate vulnerabilities in key Indian districts where a real estate company holds assets. Drawing on frameworks such as the Task Force on Climate-related Financial Disclosures (TCFD), the study maps varied transition risks linked to India’s evolving climate regulations, energy codes, and green building norms, in real estate. Simultaneously, physical hazards such as flooding, heat stress, and drought conditions are assessed using web based Scenario Analysis tools (ThinkHazard, Climate Impact Explorer, and the Climate Change Knowledge Portal) under SSP1–2.6 (optimistics) and SSP5–8.5 (pessimistic) pathways for 2030 and 2050. Findings reveal consistent district-level vulnerabilities: Chennai to flood and heat; Ernakulam to flooding; Bengaluru to chronic water stress and Gandhinagar to multiple overlapping climate hazards. A financial impact analysis for Bengaluru highlights a 14% increase in projected water bills by 2030 due to regulatory tariff revisions, underscoring the economic implications of climate stress. The study concludes that early identification of transition and physical risks enables developers to build climate-resilient infrastructure, make informed investment decisions, and align with India’s low-carbon trajectory.
Keywords: Climate Risk assessment, transition risk, physical risk, scenario analysis, financial impact.
