Climate change is causing $1.4 trillion in global physical damage annually. Resilience and adaptation are now financial imperatives for businesses as they face more intense weather disruptions. Investing in climate resilience could create 280 million jobs and a trillion-dollar market opportunity by 2035.

Resilience is now seen as an opportunity for value creation, not just risk avoidance. Projects like flood-resistant infrastructure and modernized grids are attracting capital as essential for long-term value creation. Investors are moving towards assets designed to perform under changing conditions, viewing them as crucial for value creation.

Regulators, lenders, and investors are integrating resilience metrics into governance and investment strategies. Boards must now account for physical risks or risk being out of step with shareholder expectations. Integrating weather-related risks into strategic planning is now essential for fiduciary responsibility and recognizing business opportunities.

Resilience offers significant growth opportunities, particularly in emerging markets. Targeted investments can lift productivity and attract private capital at scale. Collaboration across industries is necessary to translate physical risk data into practical, bankable solutions. Resilience is now a competitive advantage and a measure of long-term value for organizations leading the transition.

Read more at Yahoo Finance: How Extreme Weather Is Reshaping Infrastructure Investment and Risk