{"id":115334,"date":"2024-12-12T13:15:00","date_gmt":"2024-12-12T10:15:00","guid":{"rendered":"https:\/\/shiawaves.com\/english\/?p=115334"},"modified":"2024-12-12T12:53:07","modified_gmt":"2024-12-12T09:53:07","slug":"climate-risks-projected-to-slash-corporate-earnings-by-7-by-2035","status":"publish","type":"post","link":"https:\/\/shiawaves.com\/english\/news\/world\/environment\/115334-climate-risks-projected-to-slash-corporate-earnings-by-7-by-2035\/","title":{"rendered":"Climate Risks Projected to Slash Corporate Earnings by 7% by 2035"},"content":{"rendered":"\n<p>A recent report from the World Economic Forum (WEF) warns that businesses could face a 7% reduction in annual earnings by 2035 due to escalating climate hazards, Anadolu Agency reported yesterday.<\/p>\n\n\n\n<p>The report, published on Wednesday, December 11, highlights that extreme heat and climate-related disasters may lead to annual asset losses ranging from $560 billion to $610 billion for listed companies.<\/p>\n\n\n\n<p>Industries such as telecommunications, utilities, and energy are particularly vulnerable, with potential disruptions akin to those seen during the COVID-19 pandemic occurring every two years. Energy-intensive sectors may see earnings cut by half by 2030 due to tightening global regulations and carbon pricing.<\/p>\n\n\n\n<p>Investing in climate adaptation is crucial, as every dollar spent could prevent up to $19 in losses. The green market is projected to grow from $5 trillion this year to $14 trillion by 2030, indicating significant opportunities in alternative energy and sustainable products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent report from the World Economic Forum (WEF) warns that businesses could face a 7% reduction in annual earnings by 2035 due to escalating climate hazards, Anadolu Agency reported yesterday. The report, published on Wednesday, December 11, highlights that extreme heat and climate-related disasters may lead to annual asset losses ranging from $560 billion &hellip;<\/p>\n","protected":false},"author":33,"featured_media":115335,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_108372464460192_245495985553329":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[9102],"tags":[11553],"class_list":["post-115334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-environment","tag-climate-risks-corporate-earnings"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Climate Risks Projected to Slash Corporate Earnings by 7% by 2035 - Shia Waves<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shiawaves.com\/english\/news\/world\/environment\/115334-climate-risks-projected-to-slash-corporate-earnings-by-7-by-2035\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate Risks Projected to Slash Corporate Earnings by 7% by 2035 - Shia Waves\" \/>\n<meta property=\"og:description\" content=\"A recent report from the World Economic Forum (WEF) warns that businesses could face a 7% reduction in annual earnings by 2035 due to escalating climate hazards, Anadolu Agency reported yesterday. 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