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Cities will be key to a low carbon, resilient global economy able to address and adapt to climate change. Many are emerging as leaders cutting emissions and greening infrastructure. Photo ©Pline

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The majority of the world’s major cities have disclosed that climate change presents a physical risk to the businesses operating in their cities.

"Protecting our Capital", a new report from CDP, formerly Carbon Disclosure Project, AECOM and C40 Cities Climate Leadership Group (C40), finds that both cities and companies are aware of the substantial financial values associated with climate change impacts. This awareness is leading cities not only to invest in climate resilience, but also to introduce policy designed to guide and enable the businesses to adapt.

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Photo by Mark Ng

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