The Risky Business Project has released reports quantifying the economic risks posed by a changing climate. Risky Business reports have identified climate risks to the nation, the Midwest, and the Southeast and Texas, and California. A new report released in 2016 will examine opportunities to strengthen the U.S. economy by reducing these risks.
The U.S. economy faces significant risks from unabated climate change. Every year of inaction serves to broaden and deepen those risks. Founded by co-chairs Michael R. Bloomberg, Henry M. Paulson, Jr., and Thomas F. Steyer, the Risky Business Project examines the economic risks presented by climate change and opportunities to reduce them.
A Climate Risk Assessment for the United States identifies the economic risks posed by a changing climate. The U.S. will likely face the effects of human-induced climate change including rising seas and more frequent bouts of extreme heat. The report identifies striking economic impacts from climate change, from the near-term to the end of the century across all 50 U.S. states.
This report identifies the economic risks posed by a changing climate to the Midwestern U.S.. The Midwest will likely be hit hard by impacts such as decreased labor productivity, increased energy demand, and increased heat-related mortality. This publication also includes a specific focus on the effects that climate change will have on agriculture and Midwestern cities.
This report identifies the economic risks posed by a changing climate across 11 states in the Southeast, and Texas. The report also highlights the risks to manufacturing, a key driver of recent economic growth in this region.
This report identifies the economic risks posed by a changing climate in the state of California. The report explains that California is likely to face economic challenges due to increasing temperatures and sea level rise exacerbated by climate change. The report includes analysis of the risks faced by different regions of the state.