The Institutional Investors Group on Climate Change has launched the Climate Resilience Investment Framework 1.0, a new investor-focused resource designed to help asset owners, managers and advisers identify, assess and manage physical climate risks across portfolios from a financial materiality perspective, and to support development of climate adaptation and resilience plans. CRIF 1.0 is built around the Physical Climate Risk Assessment Methodology, a four-step process covering physical risk identification, assessment of materiality, exploration of adaptation options, and analysis to support decision-making. The framework currently provides guidance for infrastructure and real estate and is intended to be tailored to different mandates, risk appetites and governance structures, with recommended action points while remaining agnostic on how firms implement their own plans. IIGCC plans to expand coverage to sovereign bonds, listed equities and corporate fixed income, and positions CRIF 1.0 as complementary to its Net Zero Investment Framework.