Climate Risks Could Cost Corporations Up to $610 Billion Annually by 2035, Warn Experts

Businesses that fail to adapt to mounting climate risks could see annual losses of up to $610 billion by 2035, according to two new reports released by the World Economic Forum (WEF). This financial hit – equivalent to suffering COVID-19-level disruptions every two years – will disproportionately impact telecommunications, utilities, and energy sectors unless decisive action … Continue reading Climate Risks Could Cost Corporations Up to $610 Billion Annually by 2035, Warn Experts