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![The Global Commission on Adaptation estimates that investing $1.8 trillion to climate-proof businesses and the broader economy between now and 2030 could generate up to $7.1 trillion in net benefits. This is a very attractive return on investment. Photo: donvictorio/Shutterstock. Cargo ships entering one of the busiest ports in the world, Singapore.](/sites/default/files/styles/listing_image_290x218/public/shutterstock_cargo_singapore.jpg?h=e85f6c07&itok=ApvsD7yD)
The next challenge for business: adapting to climate change
The private sector must begin preparing for climate change and the ensuing disruption to operations and services with new approaches
The future success of the private sector may not only depend on how successfully it can mitigate, but also on how it can adapt to climate change.…
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![Our failure to act over the past decades means that we are increasingly accepting that a part of our climate disruption is irreversible, and looking at adapting to it. But this, of course, should not prevent us from setting targets to reduce our greenhouse gas emissions to stop it getting worse. Photo: testing/Shutterstock. Our failure to act over the past decades means that we are increasingly accepting that a part of our climate disruption is irreversible, and looking at adapting to it. But this, of course, should not prevent us from setting targets to reduce our greenhouse gas emissions to stop it getting worse. Photo: testing/Shutterstock.](/sites/default/files/styles/listing_image_290x218/public/shutterstock_beijing_traffic_blog.jpg?h=e85f6c07&itok=5TwZJlfc)
Pricing carbon will help us better deal with climate change
Nearly 1,400 companies are adopting an internal carbon price so as to future-proof prosperity
The impact of climate disruption is already visible worldwide: irreversible damage to the oceans, more floods and prolonged droughts, which are causing issues for food production.
Methane explosions in…