Aligning Climate Data Innovation with Regulatory Expectations
At Map Impact, we’re proud to announce that we have formally submitted our response to the Bank of England’s Consultation Paper 10/25 (CP10/25), which sets out the Prudential Regulation Authority’s proposed enhancements to climate risk management expectations for banks and insurers.
Our submission focuses on how high-resolution, forward-looking physical climate risk data – specifically HeatView, DroughtView, WildfireView, and BiodiversityView – can help regulated firms meet their obligations under the evolving PRA supervisory framework, including ICAAP, ORSA, and IFRS 9.
Supporting the PRA’s Objectives
In our response, we welcomed the PRA’s recognition that physical risks are systemic, correlated, and non-linear. The consultation rightly identified significant data and capability gaps, particularly around location-specific physical risk assessment, scenario analysis, and the integration of nature-based indicators.
Map Impact’s data products directly support several of the areas highlighted in the consultation:
✅ Asset-level risk analysis across time horizons and emissions scenarios
✅ Scenario-based modelling of heat, drought, and wildfire impacts
✅ Data-ready, spatially detailed metrics for integration with risk models
✅ Biodiversity-linked resilience indicators to support nature-financial risk correlations
✅ Scalable, modular tools suitable for firms of all sizes
Recommendations to the PRA
Map Impact made four key recommendations in our submission:
- Encourage integration of localised physical risk data from specialist providers to improve risk granularity and regulatory scenario alignment.
- Support the use of biodiversity and nature-based indicators as part of asset-level climate vulnerability analysis.
- Define minimum standards for third-party data usage, ensuring transparency and methodological rigour.
- Promote modular and scalable solutions that enable proportionate compliance for smaller banks and insurers.
We also highlighted the relevance of our data to infrastructure asset risk, referencing the UNEP 2025 “Bridging Credit and Climate Risk” report, which emphasises the vulnerability of critical infrastructure to both chronic and acute climate risks.
Looking Ahead
We believe that firms subject to the enhanced expectations outlined in CP10/25 and the revised Supervisory Statement 3/19 will need to move quickly to:
- Undertake a climate data and capability gap analysis
- Establish physical risk assessment frameworks using forward-looking, localised data
- Embed nature and climate risks into capital planning, provisioning, and disclosure
Map Impact stands ready to support this transition, offering UK-specific, property-level data that goes far beyond traditional flood modelling or coarse-resolution climate assessments.
Click here to download our full CP10/25 consultation response (PDF)
Learn more about our data products → https://www.mapimpact.io
Join the Conversation
If you represent a bank, insurer, or advisory firm exploring how to meet these new regulatory expectations – or if you’re undertaking a formal CP10/25 readiness review – we’d be pleased to start a conversation.
Contact: Steve Keohane – sk@mapimpact.io
