Climate is reshaping the global economy. Losses from major weather events are now estimated at $1.4 trillion each year, and as the damaged assets, disrupted supply chains and declines in productivity pile up, climate risk is turning from an environmental issue into a financial one. BloombergNEF has thus developed an Adaptation Preparedness Framework to assess how major economies are preparing for this new reality. Which countries are best equipped to withstand what&rsquo;s coming, and how are they getting there? On today&rsquo;s show, Kobad Bhavnagri is joined by Danya Liu, a senior associate on BloombergNEF&rsquo;s climate risk team, and Natasha Mawdsley, a strategy analyst, to discuss their note, &ldquo;Ranking Resilience: Assessing Country Climate Adaptation.&rdquo; Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on <a href="https://www.bnef.com/">bnef.com</a> Links to research notes from this episode: Ranking Resilience: Assessing Country Climate Adaptation - <a href="https://www.bnef.com/insights/37695">https://www.bnef.com/insights/37695</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

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