This study develops a climate risk index for 1,455 US municipal drinking water utilities and compares projected risks with municipal bond disclosures. It finds material mismatches between climate risk and disclosure, highlighting utilities where climate adaptation and financial risk management may be insufficient.

The Climate and Catastrophe Insight is an annual research series that provides a consistent global view of natural disaster activity and climate-related catastrophe trends. It examines impacts on people, assets and economies to support risk assessment, resilience planning and long-term decision-making.

This month’s sustainable finance article roundup examines a landscape increasingly shaped by geopolitics and climate risk, as near-term fragmentation, energy security, and affordability pressures collide with intensifying long-term threats from climate change, biodiversity loss, and water stress. The works featured analyse how these dynamics are reshaping capital allocation, disclosure, and resilience planning, demonstrating the growing need for sustainable finance to integrate geopolitical risk with real-economy transition.

The Planetary Health Check is an annual benchmark series providing a consistent, science-based assessment of the Earth system. It applies the Planetary Boundaries framework to monitor planetary stability, resilience, and life-support functions, supporting comparability over time and informing policy, finance, and strategic decision-making and Planetary Boundaries Science is a research lab within the Potsdam Institute for Climate Impact Research (PIK), focused on advancing scientific understanding of the planetary boundaries framework. It does not operate as an independent organisation and should be covered under PIK’s institutional profile.

The State of Global Water Resources is an annual benchmark series produced by the World Meteorological Organization. It provides a consistent, global overview of freshwater conditions across key components of the hydrological cycle, supporting comparative assessment and decision-making across regions and time.

World Meteorological Organization (WMO) is a United Nations specialised agency coordinating global cooperation on weather, climate, hydrology and related environmental services. WMO sets international standards, publishes authoritative climate and weather reports, supports early warning systems, and strengthens climate resilience, risk management and scientific data sharing worldwide, across governments and communities.

Institute of Public & Environmental Affairs is a China-based environmental non-governmental organisation promoting pollution transparency and corporate accountability. It operates public databases on air, water and supply chain compliance, supporting ESG research, responsible investment, environmental risk analysis, and sustainability decision-making in China.

The GGInA Geoportal is an online geospatial database operated by Federal Institute of Hydrology. It provides access to hydrological, waterway, and environmental spatial data for Germany, supporting analysis, research, and evidence-based decision-making through interactive maps and metadata services.

WMS Hinweiskarte Starkregengefahren is a German national Web Map Service showing simulated heavy-rain hazard data, including maximum inundation depths, flow velocities and directions for extreme rainfall scenarios. It supports GIS integration and helps outline potential surface flood risk areas nationwide.

Federal Institute of Hydrology (Bundesanstalt für Gewässerkunde) is Germany’s federal authority for hydrology and inland waterways. It provides scientific research, data, and expert advice on river basins, water quality, sediment, and climate impacts, supporting infrastructure planning, environmental protection, and evidence-based public policy and national water management decision-making across Germany.

WESR – Water provides geospatial insights on water availability, stress, and related risks. It supports location-based assessment of water-related exposure, enabling finance professionals to integrate water risk considerations into investment analysis, risk management, and sustainability decision-making.

The UFZ Drought Monitor provides daily, spatially resolved maps and downloadable data on soil moisture and drought conditions across Germany. It uses simulations from the mesoscale hydrological model (mHM) to indicate drought severity in topsoil and total soil profiles, supporting climate and water resource research.

A German Federal Institute of Hydrology geoportal showing current national flood hazard and risk maps, combining official flood extent, probability and risk layers for reporting under the EU Floods Directive. It supports spatial analysis and links to regional hazard data from responsible authorities.

Länderübergreifendes Hochwasserportal (Hochwasserzentralen.de) provides up-to-date flood warnings, water levels and reports for Germany and adjacent regions. It aggregates official river gauge data and warning information from federal states, with links to local flood services and an API for developers.

Drawing on Australia’s first national study of board-level engagement with nature, this article shows how directors are treating nature as a material governance and financial issue. It highlights how boards are extending climate governance systems to manage nature-related risks, adopt frameworks like TNFD, and build resilience and long-term value despite policy uncertainty.

CIMA Research Foundation is a non-profit scientific organisation specialising in environmental monitoring, climate risk and disaster risk reduction. It develops forecasting models, early warning systems and applied research for civil protection, climate adaptation and resilience, working with governments, academia and international programmes across Europe and globally in multiple hazard domains.