As climate change intensifies, extreme weather events and shifting climate patterns increase disaster risk and can significantly impact the energy value chain and infrastructure. To safeguard energy security, the International Energy Agency (IEA) developed a tool to provide climate risk assessments of energy systems to better inform decision-making of stakeholders.

Climate change-related impacts and disasters are likely to grow and intensify in the coming decades, threatening global energy production and consumption and putting energy security at risk. Heat waves, floods, droughts, tropical cyclones and rising sea levels pose challenges to the energy system. To ensure energy security, the energy value chain and infrastructure need to be climate resilient. The IEA developed a tool to conduct climate risk assessments in the energy sector and has put forward several publications using this methodology. These include global insights in Climate Resilience for Energy Security (2022) and regional insights, most recently, in Climate Resilience for Energy Security in Southeast Asia (2024).

The climate risk analysis involves evaluating: 1) climate hazard risks using climate data from the Intergovernmental Panel on Climate Change (IPCC); 2) exposure levels, which measure how much a particular type of energy asset or infrastructure could be affected, using IEA GIS analysis and; 3) vulnerability, which assesses the sensitivity of these assets to the identified climate hazards as well as their capacity to cope with and adapt to these hazards  Click to Read