FinRisk

Climate change poses significant risks to sustainable fisheries management, which supports a key element of the global food system. While knowledge is growing about the scope, scale and impacts of climate change on different aspects of seafood production, translating this knowledge into improved management measures is crucial. Today, many companies are just starting to strategize and account for climate risks, and climate action has tended to have a narrow focus on reducing carbon emissions. Understanding and communicating the financial dimensions of climate risk and the long-term benefits of prioritizing climate-resilient fisheries management is urgently needed.

Here, the FinRisk project is connecting the dots of cutting-edge science and transdisciplinary engagement with industry actors to describe the financial risks faced by seafood companies as a result of climate change, and co-developing strategies to reduce these risks.

FinRisk is funded by the Walton Family Foundation, from 2023-2026.