Global Businesses Urged to Invest in Climate Action Amid Rising Heat Risks
• Oxford University study predicts extreme heat will affect nearly half the global population by 2050, posing risks to health and economy.
• Morgan Stanley report shows over half of companies surveyed have felt climate change impacts, with extreme heat as a major disruptor.
• Businesses are urged to invest in climate action within and beyond their value chains, focusing on adaptation and resilience strategies.
Extreme heat threatens health, economy, productivity
A recent Oxford University study warns that nearly half the global population will face extreme heat by 2050, threatening human health and economic stability, potentially causing trillions in productivity losses by 2030.
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