Global Risks of Climate Change

Business in the Community held a virtual South West Climate Change conference that highlighted issues for business leaders in evaluating how best to navigate the impact of the changing climate. Delegates were informed of the latest climate projection data. Various business leaders spoke of the actions their businesses are taking to position them better for a changing global environment.  Dr Fai Fung, a Met Office climate scientist, spoke about the World Economic Forum’s Global Risks Landscape 2020.  The risk with the greatest global impact that is also the most likely to occur is ‘climate action failure,’ followed by ‘extreme weather’ and ‘biodiversity loss.’  The conference was attended by Lord-Lieutenant for Bristol, Mrs Peaches Golding OBE.  ‘According to the various speakers, business leaders are encouraged to assess their current vulnerabilities to climate change and understand the risks and hazards they may face,’ explains Peaches.  ‘Once they have clarity of these issues, then they can identify the adaptation options relevant to them and determine how to monitor what additional actions may be required.'