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| • | On the move. Climate change is increasingly influencing where Americans choose to live. A recent survey showed that about half of Americans who plan to move in the next year say the risk of natural disasters will factor into where they decide to relocate. As wildfires, extreme temperatures, and other climate hazards intensify—and the COVID-19 pandemic affords more corporate workers the flexibility to work remotely—wealthier people will generally be better positioned to leave the riskiest regions. [CNBC] | | | | • | Coastal retreat. Hurricanes have decimated the homes—and economies—of some of the most vulnerable coastal communities. Some residents will stay and try to rebuild. For others, it means a temporary evacuation inland, often to the nearest midsize city, that can turn into a longer-term relocation. Such migration patterns are likely to continue in a world altered by climate change. [Atlantic] | | | | • | Why it matters. Climate change threatens people, communities, and economies unevenly around the world. According to our latest research, 90% of the population in some countries, including Bangladesh and Pakistan, could be exposed to at least one climate hazard by 2050. Four such hazards—heat stress, drought, flood, and water stress—present a near-term humanitarian challenge, particularly for lower-income countries. | | | | • | Working toward resilience. Understanding how climate change affects peoples and regions differently can help leaders figure out how to build climate resilience. See our study for a detailed, global assessment of the number of people exposed to four key physical climate hazards, along with innovative ways communities are protecting themselves. | | | | — Edited by Andrew Simon | | This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. | | You received this email because you subscribed to the On Point newsletter. | | | | Copyright © 2021 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007 | | | |
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