FACE THE FACTS: The road to resilience

Michael Liebreich, Chairman and CEO of Liebreich Associates, and Founder of Bloomberg New Energy Finance, explores why businesses, investors, communities and individuals need to “act now” to prevent global warming from reaching dangerous levels and to create resilient industries, infrastructure and cities. In the run up to Storm Barry, there was huge disruption around the Gulf of Mexico, with people facing heavy rains and winds, damage to property and loss of power. Oil production in the region was cut by a third, causing prices to rise by 4.5%. This is just one example of how natural disasters are impacting our world today. What do businesses, societies and governments need to do to become more resilient against the climate change emergency?