Daniel Murphy is a Risk and Resilience Specialist at the World Economic Forum, focusing on mobilizing institutional capital for resilience building and climate risk mitigation. Daniel is from Boston, Massachusetts and holds a Bachelors degree from Bates College and a Master of International Affairs degree from Columbia University SIPA. Prior to working at the Forum, Daniel was a Fulbright Fellow in Colombia researching Venezuelan migration in the Southwestern region of the country. Daniel previously worked with the Rockefeller Foundation’s 100 Resilient Cities programme in Cali, Colombia focusing on funding sustainable infrastructure and bolstering climate resilience. Outside of work, Daniel enjoys playing piano and tennis and is a passionate amateur urban bee-keeper.
Insurance firms are raising rates, reducing coverage and exiting some markets entirely as climate change fuels more natural disasters such as wildfires.
As temperatures rise worldwide, achieving extreme heat resilience requires a multistakeholder approach and buy-in from the financial services sector.
Sustainability linked bonds offer lower interest rates to issuers that implement sustainability or ESG principles. Here's how they can support net-zero.
The past seven years have been the warmest on record and have impacted infrastructure. Mitigating extreme heat effects requires significant investment.