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Wednesday, June 26, 2013

PwC Assesses Climate Risk to UK Businesses

As part of the UK Government’s National Adaptation Programme, PwC undertook an assessment of the impacts of climate change overseas on UK trade and investment, food, health and well-being, energy, and foreign policy. The report found that indirect effects of climate change impacts overseas could have a greater impact on the UK than the direct domestic impacts of climate change.
The main threats identified were:
1. Damages to physical and financial assets from extreme weather
2. Increased frequency and urgency of humanitarian assistance
3. increased volatility in food prices; political or policy reactions affecting availability of food supplies, and
4. increased demand for UK Government services by overseas territories and citizens abroad.

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