Corporate Climate Change Series. What gets measured gets managed – taking the initiative on climate adaptation, P2
- Shidonna Raven
- 7 hours ago
- 1 min read
January 13, 2024
Source: World Economic Forum
Photo / Image Source: Unsplash,
Naples, where I grew up, is a centre of seismic activity and has an active volcanic caldera nearby called Campi Flegrei. Recently, this area saw an increase in activity and in response, the Italian government announced €52 million in preparedness for risk assessment, prevention and ex-ante disaster risk reduction.
Earthquakes can cause devastation in just a few seconds that requires months and years of costly recovery. From Turkey to Japan, recent months and years are replete with examples of this. If only the world was prepared for other such natural disasters caused by the warming climate.
Climate change is making floods, droughts and severe storms more extreme, frequent and less predictable. We are already seeing some of this impact — and we must not waste the time we have at our disposal to prepare and adapt. It's better to build resilience now than pay the human and economic price later for our lack of preparation.
Does your company have a climate change plan? Is it complaint with current climate laws? Why? Why not?
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