Climate Physical Risk (CPR):
Union Home Minister recently emphasized the need for proactive climate risk assessments amidst rising extreme weather events. The article highlighted India’s fragmented approach to Climate Physical Risk (CPR) and called for a unified national framework.
- Climate Physical Risk (CPR) refers to potential damage from acute (e.g. floods, heatwaves) and chronic (e.g. shifting rainfall patterns, droughts) climate events.
- As per IPCC, CPR = Hazard × Exposure × Vulnerability.
- Hazard refers to climate-induced events like floods, cyclones, droughts, or wildfires that pose direct environmental threats.
- Exposure denotes the presence of people, infrastructure, or economic assets in areas susceptible to hazards.
- Vulnerability captures the ability of systems, communities, or infrastructure to withstand and bounce back from these
