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Extreme Weather Events Intensify Economic And Social Risks

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submitted by Carrie La Jeunesse

           

Corporate sustainability teams could play an important role in building resilience to environmental risks.

bloomberg.com - June 4, 2018

According to the World Economic Forum’s Global Risks Report 2018, three of the top five threats in terms of likelihood are environmental: extreme weather, natural disasters and the failure of climate change mitigation . . . 

. . . The reason for the seismic potential of these environmental risks isn't just the risks themselves, but also their knock-on effects. In a global economy, every corporate executive has to consider the potential for cascading risks to threaten the systems that underpin our economy and society.

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Here is additional information on the value of “Scenario Planning” (also known as “Serious Games”) for building resilience to environmental risks on the island of Dominica . . . 

Kalinago Residents Gather to Create Action Plan for the 2018 Hurricane Season
http://dominica.resiliencesystem.org/kalinago-residents-gather-create-action-plan-2018-hurricane-season

 

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