# Researchers warn that climate hazards could reduce corporate earnings by seven-percent annually by 2035. A World Economic Forum report urges businesses to address these risks through decarbonisation and resilience strategies. The report indicates that sectors like energy and telecommunications face mounting vulnerabilities. Despite risks, green markets are projected to grow to 248-trillion-rand by 2030, offering significant opportunities for early adopters of sustainable solutions. The World Economic Forum stresses action to ensure economic and environmental stability.
Climate risks to slash corporate earnings by 7% by 2035