A report from Swiss Re highlights the increasing legal and financial risks companies face from climate change and plastic pollution. Heatwaves, coupled with growing health issues and environmental damage from plastics, are expected to raise property and medical claims significantly. Swiss Re's chief economist emphasizes the urgent need to understand the broader impacts on human life and various economic sectors as the planet continues to warm and wildfires and energy shortages become more prevalent.
With a clear trend to longer, hotter heatwaves, it is important we shine a light on the true cost to human life, our economy, infrastructure, agriculture and healthcare system.
Heatwaves, mold, and plastic pollution pose new risks to businesses and insurance companies, a new report by reinsurer Swiss Re warns.
The damage that heat, heat-loving fungi, and plastics can do to our bodies and our environment could take a growing financial and legal toll.
Rising temperatures are a hallmark of human-caused climate change, with 2024 expected to be even hotter than previous record years.
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