<p>Extreme weather events are becoming increasingly frequent, severe, and unpredictable, causing widespread economic, social, and environmental disruptions. Rising global temperatures are driving more intense storms, wildfires, and floods, while chronic climate risks, such as prolonged droughts and shifting precipitation patterns, continue to reshape ecosystems and economies. These escalating threats expose businesses, governments, and communities to compounding vulnerabilities, requiring a shift from reactive disaster response to proactive risk management.</p>

<p>This report examines the far-reaching impacts of extreme weather events, highlighting the financial, operational, and infrastructural risks they pose. Key areas of focus include the role of parametric insurance in closing the protection gap, enterprise risk management (ERM) for climate resilience, and investments in adaptive infrastructure and nature-based solutions (NbS).</p>

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