Private sector

Almost half of global average temperature rise and a third of sea-level rise can be attributed to the “carbon majors,” the world’s 122 largest fossil fuel and cement producers, a recent paper shows.

Climate denialism should not blind investors and governments to the very real opportunities to be found in financing solutions.

Evidence from Ecuador suggests that natural disasters have important but short-lived impacts on production and market conditions in developing countries that vary depending on firm differences in efficiency.

As climate change increases the threat of extreme weather, manufacturers must have the proper infrastructure and insurance policies to protect employees and facilities against the risk of flooding.

This column uses unique firm-level data on extreme weather losses in 40 countries to show that firms are more likely to acquire fixed assets following such events, and tend to do so by leasing rather than purchasing.

The urgent need to close the global financing gap for disaster risk reduction took center stage at a high-level forum held in Oslo from 25 to 26 March, hosted by Norway with the support of UNDRR.

This report aims to set the baseline for considering the role of insurance, banks and asset management firms in financing the adaptation of real estate. It draws on initial testimonies from financial institutions and real estate professionals in France.

This paper studies this question by combining geocoded World Bank Enterprise Survey data with spatially granular weather data to estimate temperature response functions for nearly 160,000 firms in 134 countries over a 15-year period.