World Economic Forum: Climate Hazards Will Slash 7% Off Corporate Earnings Annually by 2035, Research Warns
December 11, 2024
December 11, 2024
COLOGNY, Switzerland, Dec. 11 (TNSres) -- The World Economic Forum issued the following news release:
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* Businesses that fail to adapt to climate risks like extreme heat could lose up to 7% of annual earnings by 2035, nearly half the impact of COVID-19, with telecommunications, utilities, and energy sectors most exposed.
* Green markets are projected to expand from $5 trillion to $14 trillion by 2030, creating opportunities for early movers to gain a c . . .
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* Businesses that fail to adapt to climate risks like extreme heat could lose up to 7% of annual earnings by 2035, nearly half the impact of COVID-19, with telecommunications, utilities, and energy sectors most exposed.
* Green markets are projected to expand from $5 trillion to $14 trillion by 2030, creating opportunities for early movers to gain a c . . .