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Anticipating risk

Improved assessment and modelling is necessary to support the financing of resilient infrastructure

Population growth, ongoing urbanisation and a growing middle class is increasing demand for secure, affordable and sustainable energy, which in turn is placing more strain on energy infrastructure. Physical risks are also growing. Over the past 30 years there has been a four-fold increase in extreme weather events, coupled with the transformation of markets and business models driven by climate change policies. As a consequence, the energy sector faces challenges to supply at a time when it is experiencing transitions. Cumulatively, these changes alter the risk profile of the entire energy sector and are putting increasing amounts of pressure on infrastructure resilience. Responding to the

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