UK: Two thirds of global firms see climate adaptation as an opportunity

A new global survey of 700 top business executives undertaken by the Economist Intelligence Unit on behalf of UK Trade & Investment, has found that almost two thirds of businesses now regard climate change and the need for adaptation measures as a commercial opportunity, as 90 per cent admit suffering from climate impacts reports Business Green.

"Recent floods and droughts across the world have demonstrated the urgency for business to adapt to the realities of climate change," said Susan Haird, acting chief executive of UK Trade & Investment. "Whether it is designing flood defences or developing new techniques for crop resilience, UK firms have the skills, expertise and know-how to contribute to this global challenge."