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The Cost of Inaction: A CEO Guide to Navigating Climate Risk – World Economic Forum
Climate risks are an immediate and growing challenge, disrupting industries and inflicting over $3.6 trillion in damage since 2000. Businesses face both physical risks, such as extreme weather, and transition risks, like rising carbon pricing, which are reshaping markets and business models.
A report by the World Economic Forum’s Alliance of CEO Climate Leaders and BCG examines these risks, emphasizing the financial and strategic benefits of proactive action. It highlights insights from CEOs, showing how addressing climate risks can drive growth in the $14 trillion green economy. The report also provides a practical guidebook for CEOs to navigate risks and seize emerging opportunities.