Climate is reshaping the global economy. Losses from major weather events are now estimated at $1.4 trillion each year, and as the damaged assets, disrupted supply chains and declines in productivity pile up, climate risk is turning from an environmental issue into a financial one. BloombergNEF has thus developed an Adaptation Preparedness Framework to assess how major economies are preparing for this new reality. Which countries are best equipped to withstand what’s coming, and how are they getting there? On today’s show, Kobad Bhavnagri is joined by Danya Liu, a senior associate on BloombergNEF’s climate risk team, and Natasha Mawdsley, a strategy analyst, to discuss their note, “Ranking Resilience: Assessing Country Climate Adaptation.”

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Ranking Resilience: Assessing Country Climate Adaptation - https://www.bnef.com/insights/37695