Climate Litigation Assessment and Support System (CLASS)

我们提出了一个创新的气候诉讼评估和支持系统（CLASS），帮助金融机构（FI）识别，避免和管理气候诉讼风险（COST）。CLASS将联合收割机定量分析工具与专家的洞察力和支持相结合，以提供一个易于使用，实用和有价值的系统。CLASS可以成为可预见气候变化的首选资源，与现有的气候风险工具和物理和过渡风险流程协同运作。可预见气候变化描述了由于对可预见气候影响的规划不足而面临的诉讼风险。金融风险管理对金融机构的财务和声誉造成的影响超过了金融机构目前管理此类风险的能力。CLASS将帮助金融机构克服能力不足的问题，提高其回报率和影响力。因此，CLASS对于希望进行气候适应性投资的金融机构来说非常重要，有助于大规模提供全球公共产品。CLASS将根据专家和金融机构磋商的结果建立。我们将利用金融机构和气候专家（包括气候诉讼专家）之间的广泛网络，收集关于一系列CLASS原型的明确意见和直接反馈。我们将通过在开源发布元素中包含大量背景知识产权来进一步鼓励采用。我们预计将通过免费订阅提供可扩展性评估过程。这将使金融机构能够参与CLASS并了解风险敞口，而不会产生任何财务或官僚障碍。它还将确保其他研究人员可以评估，认可，甚至发展我们的风险评估过程。然后，用户将获得付费订阅层，以获得避免、缓解和管理支持，包括培训、专家建议、报告模板和指导说明。这一切都可以通过一个网站访问。CLASS将补充现有的物理和过渡风险工具--如穆迪、威利斯·托尔斯沃森/适应、行星学--以及新兴的研究和支持--如CGFI对风险暴露的研究。CLASS有可能成为投资过程的常规特征。

We propose an innovative climate litigation assessment and support system (CLASS) that helps financial institutions (FIs) to identify, avoid and manage climate litigation risk (CLR). CLASS will combine quantitative analytical tools with expert insight and support to deliver a system that is easy to use, practical and valuable. CLASS could become the go-to resource for CLR, operating in concert with existing climate risk tools and processes for physical and transition risks.CLR describes exposure to litigation because of insufficient planning for foreseeable climate impacts. CLR is creating financial and reputational impacts for FIs that outpace current capacity to manage such risks. CLASS will help FIs to overcome this deficit in capacity, improving their returns as well as the impact that they deliver. As such, CLASS is important for FIs that want to make climate resilient investments, contributing to global public goods at scale.CLASS will be built in response to the outputs of expert and FI consultation. We will draw on extensive networks among FIs and climate experts (including climate litigation experts) to gather clear input and direct feedback on a series of CLASS prototypes. We will further encourage uptake by including substantial pieces of background intellectual property in open-source release elements.We anticipate that CLR assessment processes will be offered via a free subscription. This will allow FIs to engage with CLASS and understand exposure to CLR without creating any financial or bureaucratic barriers. It will also ensure that other researchers can evaluate, endorse, and even evolve our risk assessment processes. Users would then be offered paid subscription tiers for access to CLR avoidance, mitigation, and management support, including training, expert advice, reporting templates and guidance notes. This would all be accessible via a single website.CLASS will complement existing tools for physical and transition risk -- such as Moody's, Willis Towers Watson/ Acclimatise, Planetrics -- as well as emerging research and support on CLR -- such as CGFIs work on CLR exposure. CLASS has the potential to become a regular feature of investment processes.