Extreme heat is weakening cities, financial services can help build resilience

Aug 29, 2022

Thames footpath, Hammersmith Bridge: Cities don't have the infrastructure to withstand extreme heat.

Cities don't have the infrastructure to withstand extreme heat. Image: Flickr/Paul Hudson

Daniel Murphy

Risk and Resilience Specialist, World Economic Forum

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Extreme heat has one of the highest weather fatalities in the United States. Image: National Weather Service

Maximum temperatures (degrees Celsius) during the Europe's extreme heat wave in July 2022. Image: National Oceanic and Atmospheric Administration

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Cost of climate risk exposure on municipal bonds. Image: Blackrock

Global estimated productivity losses due to extreme heat by sector. Image: Atlantic Council

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