Here we highlight the recent stories that GC Capital Ideas has presented on managing risks associated with climate change.
The Burning Issue – Managing Wildfire Risk: In recent years, countries such as Canada, the United States, Spain, Portugal, Greece and Chile have experienced unusually severe fires, claiming hundreds of lives and causing billions of dollars in damage. Wildfires have also broken out in countries previously unaccustomed to the problem.
Environmental Risks Are the Leading Concerns for Doing Business Across East Asia and the Pacific: Results from the World Economic Forum’s 2019 Executive Opinion Survey indicate that environmental risks are the leading concerns for doing business across East Asia and the Pacific, with “natural catastrophes” ranking first and “extreme weather events” ranking fifth.
Climate Resilience – Opportunities for the Insurance Industry: The potential impact of the effects of climate change is requiring multiple stakeholders to re-think their approach to climate resilience, and the insurance gap continues to grow in parallel to this emerging threat.