Climate Change Risk & Liability Report - 2nd Edition

What does the risk landscape look like today?

15

The physical impact of climate change in numbers

2.7–3.1˚C Projected rise in global temperatures by 2100 based on current policies in place around the world 10

5.8% Due to the response to the COVID-19 pandemic 15

2020 Tied with 2016 as the hottest year on record 9

500million – 0.5 billion

fall in global emissions

People are now living in areas that are turning into desert 16

2.1˚C An optimistic scenario for the rise in global temperatures by 2100 if the latest net zero promises and plans by governments around the world are kept 11

13% The amount that the annual minimum area of Arctic sea ice is declining per decade 12

1/5th More than one-in-five people live in regions that have already seen warming greater than 1.5˚C in at least one season 17

6% The cost to GDP in some regions from water scarcity 18

6.1mm

6,681 Climate-related natural disasters between 2000–2019, up from 3,656 between 1980–1999 14

natural disasters

The global mean sea level increase from 2018 to 2019 (the rate of change is increasing) 13

9 NASA https://www.nasa.gov/press-release/2020-tied-for-warmest-year-on-record-nasa-analysis-shows 10 Climate Action Tracker https://climateactiontracker.org/global/temperatures/#:~:text=In%20these%20 pathways%20global%20average,are%20consistent%20with%20IPCC%20SR1 11 BBC News https://www.bbc.co.uk/news/science-environment-55073169 12 NASA https://www.nasa.gov/press-release/2020-tied-for-warmest-year-on-record-nasa-analysis-shows 13 NOAA Climate.gov https://www.climate.gov/news-features/understanding-climate/climate-change-global- sea-level#:~:text=Global%20mean%20sea%20level%20has,of%20seawater%20as%20it%20warms 14 Yale Environment 360 https://bit.ly/3tpZDRv

15 International Energy Agency https://www.iea.org/articles/global-energy-review-co2-emissions-in-2020 16 New York Times https://www.nytimes.com/2019/08/08/climate/climate-change-food-supply.html 17 NASA https://climate.nasa.gov/news/2865/a-degree-of-concern-why-global-temperatures-matter/ 18 World Bank https://www.worldbank.org/en/topic/water/publication/high-and-dry-climate-change-water- and-the-economy

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