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Asia Insight

Storm clouds loom for Asian companies unready for climate change

Increasingly severe flooding poses challenges from finance to farming

DOMINIC FAULDER, Associate Editor, Nikkei Asian Review | Southeast Asia

BANGKOK -- Asia has been battered in 2018 by a series of extreme weather events such as floods and typhoons, and the prospects for coming decades are bleak with rising temperatures set to spur even more severe cases of inundation.

While many governments are taking steps to reduce climate change-inducing emissions, the compromises agreed upon at the recent COP24 climate summit in Poland are unlikely to stem the heating.

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