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Climate issues are top global concerns

August 29, 2016

Climate resilience and adaptation methods have not kept pace with changes to the environment. There is an imperative for businesses to be more resilient to the impacts of climate risks. In 2014, Ceres, a non-profit organization, ranked Zurich a leader among insurance companies in the United States for its activities in response to escalating climate risks.

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Mitigation and adaptation efforts may not be enough to address the rise of climate risks. That’s the conclusion of The Global Risks Report 2016, produced by the World Economic Forum, which addresses the most pressing issues confronting the world and the potential impacts to people, institutions and economies.

The Global Risks Report 2016 ranks the failure of climate change mitigation and adaptation as the most impactful global risk, with water crises ranking third.

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