Switched On Ranking Resilience: Economies Adapting to Climate Risk
Nov 20, 2025
Danya Liu and Natasha Mawdsley from BloombergNEF dive into the pressing issue of climate adaptation. They discuss how climate change is shifting from an environmental concern to a financial risk, with yearly losses hitting $1.4 trillion. The duo introduces BNEF’s Adaptation Preparedness Framework, highlighting leading nations like Canada and South Korea in readiness, while identifying laggards such as Thailand and Russia. They also explore innovative solutions, investment opportunities in emerging economies, and the need for coordinated national strategies to enhance resilience.
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Adaptation Is A Financial Priority
- Climate adaptation is now a financial issue as losses from weather events hit roughly $1.4 trillion per year.
- National readiness shapes investment, insurance and credit risk across economies.
Indirect Impacts Drive The Damage Bill
- Indirect effects like lost productivity and supply-chain disruption drive much of climate damages.
- Bloomberg Intelligence estimates U.S. losses at about 3% of GDP and global damages near $1.4 trillion annually.
Use A Four-Pillar Country Framework
- Score national preparedness by four pillars: risk assessment, strategy, project delivery, and recovery alignment.
- Use country scorecards to complement asset-level climate risk analysis for investment decisions.