Climate Impact

Climate risks impact human and business sustainability.

• US$2.5 trillion 2011-2020 financial losses from extreme weather events, US$470 billion in 2017 (WEF).
• 1.2 billion people displaced globally by 2050 (IEP) and 25 million more children will go hungry (IFPRI).
• 250 000 additional deaths per year, from malnutrition, malaria, diarrhoea and heat stress between 2030 and 2050 (WHO).
• US$2-4 billion/year by 2030 in direct damage costs to health (WHO).

Global foci.

• Paris Agreement (December 2015).
• 5% chance of containing global warming by 2100 to under 2^oC
• UN Secretary General António Guterres: IPCC AR6 is ‘code red for humanity’.
• Hong Kong Climate Action 2050.
• China: peak carbon 2030, Net Zero 2060.