Environmental Journal: Businesses urged to increase their resilience to climate change

Research co-authored at the Centre for Risk Studies, Cambridge Judge Business School, shows that climate change “could add around 20 per cent to the global cost of extreme weather events by 2040.” The Cambridge Climate Change Business Risk Index analyses the increasing risk of extreme weather events and their potential to businesses worldwide. Dr Andrew Coburn from the Centre for Risk Studies said: “Companies are struggling to reconcile the long-range forecasts of the consequences of a warmer planet in several decades time with weather changes that are already impacting their businesses in various ways, and how their business will be affected by the transitions that society is making today towards a low-carbon economy.”

Read the full article [environmentjournal.online]