easy · FRM Part 2 Current Issues

Formula-and-meaning check before application in Current Issues.

Within Current Issues — Climate & Transition Risk, which statement correctly describes Physical climate risk?

  1. financial risk from policy, technology, and preference shifts toward a lower-carbon economy
  2. assessment of exposures under coherent future climate and transition pathways
  3. financial risk from acute events or chronic environmental changes
  4. monetary cost assigned to greenhouse-gas emissions

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