
2024 XDI gross domestic climate risk report
The 2024 XDI report ranks over 2,600 regions worldwide according to the projected damage to the built environment from extreme weather and climate change, including floods, wildfires and sea-level rises, and which of these regions are likely to see the largest escalation in damage from 1990 to 2050.
Please login or join for free to read more.

OVERVIEW
The 2024 XDI Gross Domestic Climate Risk Report analyses the risks associated with climate change and projects the damage to the built environment, highlighting the potential impact on countries, states, provinces and territories across the world, ranking over 2,600 regions. The analysis focuses primarily on a comparison of the total probable amount of physical damage to buildings, in each state, province, and territory in 2050.
Methodology
To calculate the rankings, XDI used a data pool representing the built environment of the terrestrial world, with over 320 million data points. This methodology ensures high-resolution, global coverage aggregated to the sub-national level of states and provinces. The system uses global climate models, combined with local weather and environmental data and engineering archetypes, to calculate probable damage to the built environment under the IPCC’s Representative Concentration Pathway (RCP) 8.5.
Findings
The report’s findings reveal that Asia is at the highest risk of being impacted by climate change-associated extreme weather events, particularly sea level rises and flooding. ESG concerns remain paramount due to the potential impact on industries with high levels of economic activity and capital value, such as the finance sector. To ensure that the impact of environmental factors like climate change is absorbed, investors are encouraged to incorporate physical climate risk data into their decision-making before these costs escalate beyond financial tipping points.
Governments are advised to acknowledge and quantify sovereign risk, given the potential financial and economic drain that climate change could have. Environmental groups and civil society organisations are urged to continue to generate debate and understanding about the costs of climate change. Physical climate risk data needs to be accessed and understood by everyone, including citizens. In this regard, XDI releases public datasets regularly to support a wider understanding of climate change costs.
Overall, the report reminds us of the need to accelerate action on climate change by embedding physical climate risk data in all decision-making processes, to ensure that preventative measures are put in place to reduce potential damage.