Climate Change Will Cost Companies $1.3 Trillion By 2026

Climate Change Will Cost Companies $1.3 Trillion By 2026

Share to Linkedin LONDON, ENGLAND - FEBRUARY 23: Prime Minister Boris Johnson chairs a session of the UN Security ... [+] Council on climate and security at the Foreign, Commonwealth and Development Office on February 23, 2021 in London, England. The United Kingdom holds the security council's rotating presidency and is the host nation of this year's COP26 UN climate summit in Glasgow. (Photo by Stefan Rousseau-WPA Pool/Getty Images) While the impacts of Covid-19 became the forefront of disruptive forces experienced within the past year, this period of unprecedented havoc also bred growing concerns around environmental anomalies, among other geopolitical issues. For the first time since 1992, a British Prime Minister chaired a United Nations Security Council meeting with a focus on climate and security in a virtual session held late last month. Prime Minister Boris Johnson called on UNSC members to help vulnerable countries adapt to the impact of climate change and warned council members that unless urgent action is taken, the world risks worsening conflict, displacement, and insecurity. He also went on record, stating that climate change is a "geopolitical issue every bit as much as it is an environmental one." Indeed, disruption cycles have materialized more concurrently