OriginalSourceTheregisterLeanUnratedCredibilityUnratedPublished10:15 UTCSourceTheregisterLeanUnratedCredibilityUnratedPublished10:15 UTC
“UK.gov lacks understanding of climate impact, says watchdog”
Public bodies’ climate risk understanding is poor, says NAO
Key points
- NAO says UK public bodies lack good picture of climate risk costs.
- Most organizations cannot approximate or quantify potential costs.
- Disclosures emphasize physical risks more than transition risks in strategy.
- Transition costs include switching to lower-carbon energy and regulatory compliance.
- HMT requires climate-related disclosures from 2025-26, seen as a first step.
How it got here
Theregister publishes the article.
concise reads it.