In focus: COP30 – Climate risks become a reality on the capital markets

Despite extensive reporting, what often seems abstract has long had concrete consequences—including for capital market participants:

• Climate-related costs are skyrocketing: since 1980, global damage caused by extreme weather events has totaled around US$6.9 trillion.
• Recent hurricane disasters in the Caribbean and the Western Pacific show that the damage caused by climate change is increasing rapidly.
• In addition, there are massive follow-up costs—primarily due to destroyed ecosystems and reduced food sources.
• Every further increase in global warming means disproportionate climate damage—especially due to the “tipping” of essential climate systems.

This makes it clear that climate risks are no longer just an environmental issue. They are rapidly becoming an acute pressure point for the financial system—driven and amplified by a repricing of risk.

Read more in our comprehensive study, „Climate Tipping Points – Das Umkippen essentieller Klimasysteme als globales Risiko“. It is available in German for download on this page.