Overview

• Global costs from extreme weather and natural disasters reached US$368 billion last year, 14 percent above the 2000–2024 average.
• Mentions of climate risk in corporate earnings calls have reached new highs in the U.S. and Asia, with utilities and insurers driving the trend.
• Every US$1 invested in adaptation and resilience generates more than US$10 in benefits over a decade, although financing large-scale projects remains challenging.
• Public financing covers about two-thirds of adaptation spending, leaving developing countries with annual shortfalls exceeding US$350 billion.
• Canadian businesses including Nutrien and MDA Space Ltd. are poised to benefit from rising demand for adaptation and resilience services.