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Five Myths About Extreme Weather

This story originally appeared in the Washington Post.

It's too darn hot. From Maine to Hawaii, the mercury has been rising relentlessly. The oven-like conditions in the United States are just the latest in a series of extreme weather events over the past year -- epic floods in Pakistan and Australia, record heat waves in Moscow, the heaviest snowfall in more than a century in South Korea. These extremes are pushing the limits of human experience. What is driving this phenomenon? And rather than just complain, what can we do about it?

Turn Climate Change Risk Into Business Opportunity

This piece originally appeared on Bloomberg Government and is reposted with permission.

Extreme weather events and climate- related disruptions are occurring with alarming frequency and intensity, whether it’s the Mississippi and Missouri rivers overflowing or the sight of parched earth across the U.S. Southwest.

As climate-change models show, we’re on a course for more extreme weather and other environmental disruptions that don’t just affect the people and infrastructure in their path -- they also have profound effects on businesses, the economy and government policy.

Risk, Investment, and Opportunity in a Changing Climate

To stay competitive, companies will need to find ways to adapt to the impacts of climate change.

Record breaking wildfires raging in Arizona, massive flooding disrupting lives from Iowa to Vermont — extreme weather events have been at the forefront of America’s national consciousness. Yet these events and their repercussions are hardly limited to the United States. Think back last year to the floods that affected millions in Pakistan, or the wildfires and droughts that destroyed Russia’s wheat crops, causing price spikes around the world.

Six Things Companies Need to Know About Climate Change Adaptation

In a survey of global businesses, 86 percent described responding to climate risks or investing in adaptation as a business opportunity. So finds a new report jointly released yesterday by the UN Global Compact, the UN Environment Programme (UNEP), Oxfam and the World Resources Institute.

Already, businesses worldwide are beginning to see the risks and economic impacts of more frequent and intense storms, water scarcity, declining agricultural productivity and poor health.

Have Countries Delivered on Fast-Start Climate Finance?

As the reporting deadline for 2010 looms, developed countries will need to prove that they are honestly meeting their modest $30 billion commitment.

Today, WRI releases an updated summary of developed countries’ “fast start” climate finance pledges. These funds are intended to help developing countries reduce emissions and adapt to climate change from 2010-2012.

To date, 21 developed countries and the European Commission have publically announced individual fast-start finance pledges totaling nearly USD 28 billion to meet the USD 30 billion commitment in the 2009 Copenhagen Accord.

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