Tag: extreme weather events
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Physical Risks
Physical Risks Physical risks refer to potential negative impacts on businesses due to physical changes in the environment that arise from climate change. These risks can be acute or chronic: Companies assess these risks to better understand potential vulnerabilities and take measures to protect assets, ensure operational continuity, and support resilience across their value chain.
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Global warming
Global warming Global warming refers to the long-term increase in Earth’s average surface temperature due to human activities, primarily due to the release of greenhouse gases into the atmosphere. These gases, such as carbon dioxide and methane, trap heat from the sun as a greenhouse effect, leading to a gradual rise in temperatures worldwide. This…