Nature loss poses a threat on many levels. For business and finance it translates into significant financial risks, including physical, transition and systemic risks.
Türkiye’s geographic location, population density and distribution, and socioeconomic factors make it highly vulnerable to the impacts of climate change and other environmental and natural hazards, as detailed in the World Bank’s report.
Annual Weather, Climate and Catastrophe Insight report reveals $313 billion global economic loss from natural catastrophes. Prominence of droughts and heatwaves highlighted growing importance of these perils in a warming world.
This report identifies global disaster and climate trends to help make better decisions to manage volatility and enhance global resilience. It reveals that disasters caused a $313 billion global economic loss during the 12-month period under review.
This study presents and reflects on different relevant finance sources and instruments in terms of their linkage to HMCCC, effect on climate risks, implementation timing, and gender aspects.
Deutsche Gesellschaft für Internationale Zusammenarbeit
Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered.
The Adaptation Economy investigates the need for climate adaptation investment in 10 markets. It reveals that, without investing a minimum of USD30 billion by 2030, these markets could face projected damages and lost GDP growth of USD377 billion.
