Wildfires rage from California to Greece. Torrential floods devastate communities from Germany to Japan. Droughts threaten water supplies from the US to Turkey. Scientists confirm that 2021 has already witnessed the planet’s hottest month on record. According to Swiss Re, natcat losses in the first half of the year topped US$40 billion, the second highest ever.
Vulnerable, low-income populations in emerging economies have lived with the impacts of climate-related extreme...