Climate crisis more acute than feared: How will this impact businesses?
There is an urgent need to scale up investment in adaptation to build climate resilience.
THE climate crisis looked dire enough; but the United Nations (UN) now says the situation is worse than we feared - and that urgent and bolder action is needed from governments, businesses and individuals.
The warning klaxon came in the form of the latest report from the UN's Intergovernmental Panel on Climate Change (IPCC), made up of the world's leading climate experts.
Published at the end of February this year, it said that even if the world hits its target of keeping global warming to 1.5 degrees Centigrade above pre-industrial levels, it faces unavoidable multiple climate hazards over the next 2 decades.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre