Innovation and Adaptation in the Climate Crisis: Technology for the New Normal

Jan 16, 2024 Innovation and Adaptation in the Climate Crisis: Technology for the New Normal
undefined

The impacts of climate change are increasing in frequency and intensity. Nearly half of the world’s population lives in regions that are vulnerable to these impacts. Virtually every sector of the global economy is exposed to some degree of climate-related risk.

Climate adaptation is the process of adjusting ecological, social and economic systems to alleviate the impacts of climate change. This includes preparedness and crisis response for extreme events such as flooding and wildfires. It also encompasses multi-faceted, agile approaches for navigating a world where reliable climate and weather conditions can no longer be taken for granted.

A set of data-driven and digital technologies – all synergistic with artificial intelligence – are emerging as mission-critical tools for climate adaptation. They provide leaders with new forms of intelligence to adapt and build resilience into their communities and businesses. Along the way, first-movers will find that harnessing technology for adaptation is not only a risk mitigation strategy but a source of competitive advantage.

License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use. The views expressed in this article are those of the author alone and not the World Economic Forum.