McKinsey study on climate risk and response

27.01.2020 | McKinsey Global Institute (MGI) publishes "Climate risk and response" study

McKinsey has long focused on issues of environmental sustainability, dating to client studies in the early 1970s. They developed the global greenhouse gas abatement cost curve in 2007, updated it in 2009, and have since conducted national abatement studies in countries including Brazil, China, Germany, India, Russia, Sweden, the United Kingdom, and the United States. Recent publications include Shaping climate-resilient development: A framework for decision-making (jointly released with the Economics of Climate Adaptation Working Group in 2009), Towards the Circular Economy (joint publication with Ellen MacArthur Foundation in 2013), An integrated perspective on the future of mobility (2016), and Decarbonization of industrial sectors: The next frontier (2018).
The McKinsey Global Institute has likewise published reports on sustainability topics including Resource revolution: Meeting the world’s energy, materials, food, and water needs (2011) and Beyond the supercycle: How technology is reshaping resources (2017).

In this report, they look at the physical effects of our changing climate. They explore risks today and over the next three decades and examine cases to understand the mechanisms through which physical climate change leads to increased socioeconomic risk. They also estimate the probabilities and magnitude of potential impacts. They aim is to help inform decision makers around the world so that they can better assess, adapt to, and mitigate the physical risks of climate change.

Link: Climate risk and response - Physical hazards and socioeconomic impacts