This paper develops a geospatial framework for climate risk stress testing in California with applications to banking and climate-exposed sectors such as agriculture, real estate, and tourism. The study integrates physical hazard mapping, sector-specific exposure analysis, and scenario-based financial risk assessment to evaluate how wildfires, drought, flooding, extreme heat, and transition risks may affect regional economic activity and financial stability. The framework is intended to support portfolio monitoring, climate scenario analysis, and institutional readiness under emerging disclosure and risk-management standards. In addition, the paper provides a survey-based implementation guide for benchmarking current climate-risk practices and data needs across industry and academic stakeholders.

翻译：本文构建了一个面向加利福尼亚州的气候风险压力测试空间地理框架，并将其应用于银行业及农业、房地产和旅游业等气候暴露行业。该研究通过整合物理危害绘图、特定行业暴露分析以及基于情景的金融风险评估，系统评估野火、干旱、洪水、极端高温及转型风险对区域经济活动与金融稳定的潜在影响。该框架旨在支持新兴信息披露与风险管理标准下的资产组合监测、气候情景分析及机构准备度评估。此外，本文还提供了一份基于调查的实施指南，用于对当前行业与学术利益相关方的气候风险管理实践及数据需求进行基准化评估。