COP28

COP28: new era for climate risk analysis

A raft of new pledges at COP28 ended the climate summit in Dubai on a positive note in contrast to previous years. However, despite pledges to triple renewables and cut methane emissions, the consequences of global warming remain a huge risk. For companies, the direct impact of climate change on business activities is increasingly evident. In 2022 alone, the reinsurer Munich Re estimated the total...