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"Sustainable Insurance: 57% of the World Economy is Faced with the Risk of Flood"

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"Sustainable Insurance: 57% of the World Economy is Faced with the Risk of Flood"


It is predicted that 57% of the world economy and 41% of the population will be exposed to flood disasters in 2040 due to climate change, and one third of the agricultural land will experience drought.


As the level of knowledge about climate change improves, it is possible to make healthier projections about its future impacts. As clouds clear about the consequences of climate change, it becomes clear that possible impacts could be more severe than predicted. In the latest report, published by Four Twenty Seven, the business unit of Moody's company that produces analytical information on climate risks, and addressing global climate disasters, 57% of the world economy and 41% of the population will be exposed to floods by 2040, in one third of existing agricultural lands. It is pointed out that there will be severe water stress.
 
You can access the full report from this link.
 
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