The climate crisis has arrived, and coastal cities are at the frontline of the climate emergency. Rising sea levels, extreme weather events, and warming temperatures are amplifying the danger to urban residents, who already face a myriad of existing social, economic, and political vulnerabilities. Together, these cascading issues can undermine a city’s physical infrastructure, its economy, and food, energy, and environmental security.
In this landscape, governments, public and private investors, and the insurance industry need to better understand the impacts of climate change and integrate the climate fragility risks into their decision making to help prioritize action.
In response, the Stimson Center has developed the Climate and Ocean Risk Vulnerability Index (CORVI). CORVI is a tool which compares a diverse range of risks to produce a coastal city risk profile. The city assessment identifies areas of greatest risk in order to channel investment to build resilience where it is needed most.
The CORVI Project is grateful for the support of AXA XL, Bloomberg Philanthropies, and the Ocean Policy Research Institute of the Sasakawa Peace Foundation.
CORVI: Understanding and Measuring Climate Risk
The Climate and Ocean Risk Vulnerability Index