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Press Conference: Climate Risk and Response: Physical Hazards and Socioeconomic Impacts

Climate change is intensifying, so are the risks. Everyone is affected: either first hand, through floods, hurricanes, fire, drought, or extreme temperatures, or through interconnections in global financial, economic, and social systems. While climate risk is starting to be recognized by financial markets, corporations, countries and individuals, many may still be over exposed to many risks.

Dickon Pinner, Global Leader, Sustainability Practice of McKinsey will be presenting new research on the specific physical risks and costs of climate change. Jonathan Woetzel, Director of the McKinsey Global Institute will provide a insights on physical climate risk to discuss the economics of physical climate risk and how companies and governments can better measure and manage their exposure.

Read the report here: https://www.mckinsey.com/business-functions/sustainability/our-insights/climate-risk-and-response-physical-hazards-and-socioeconomic-impacts

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World Economic Forum Annual Meeting
21–24 January 2020