This report analyzes responses from companies to CDP’s questionnaire in 2018 and focuses on what companies are reporting about the risks and opportunities they may face from climate change and its potential financial implications. With 2017 and 2018 seeing significant losses from extreme weather incidents in parts of the world, as well as rapid technological shifts taking place in certain sectors as a result of the transition towards a low-carbon economy, financial regulators and investors are becoming increasingly focused on ensuring the private sector is ready for the risks and opportunities of climate change.
At the UN Climate Change Conference this year (COP23, from 6 to 17 November) nations of the world will meet to advance the aims and ambitions of the Paris Agreement and achieve progress on its implementation guidelines.
The conference, officially referred as COP 23/ CMP 13/ CMA 1-2, will take place in Bonn, Germany, hosted by the secretariat of the UN Framework Convention on Climate Change (UNFCCC), and presided over by Fiji. The UNFCCC secretariat and the Government of Fiji are closely working with the Government of Germany, the State of North Rhine-Westphalia and the City of Bonn to ensure a dynamic and successful Conference.
Asia and the Pacific is the region most affected by natural disasters which hit hardest at the poorest countries and communities. And on present trends, as more migrants crowd into slums and shanty towns in Asia-Pacific cities, whole communities are likely to see their homes and livelihoods shattered or washed away by the wilder forces of nature