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Climate Change Facts and Impacts: Companies at Risk, Land Drier

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CLIMATE CHANGE,BUSINESS RISKS,INVESTMENTS

TheCable's climate facts offer clear explanations on climate change. Companies unprepared for physical climate risks could face 7% loss in earnings by 2035. Investing in adaptation and decarbonization can yield $19 in avoided losses for every dollar spent. Global average temperatures in November 2024 exceeded 1.5°C above pre-industrial levels for the 16th month in 17. 77.6% of Earth's land experienced drier conditions before 2020 compared to the previous 30 years.

TheCable’s quick climate facts will help demystify these concepts through easy-to-understand and straight-to-the-point explanations.

companies that fail to adapt to physical climate risks could lose up to 7% of annual earnings by 2035. The organisation said businesses investing in adaptation, decarbonisation, and resilience are seeing up to $19 in avoided losses for every dollar spent.November 2024 was 1.62°C above the pre-industrial level and was the 16th month in a 17-month period for which the global-average surface air temperature exceeded 1.5°C above pre-industrial levels.The UN added that about 77.

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