Global problem, local impact Will it get too hot to work in India? Increasing risk: in India, the probability of anyone experiencing a lethal heat wave is effectively 0 today, but by 2030, 160 million to 200 million people could be at risk Degree of exposure: as of 2017, heat-exposed work in India produced ~50% of GDP, drove ~30% of GDP growth, and employed ~75% of the labor force Effect on labor productivity: by 2050, some parts of India may be under such intense heat and humidity duress that working outside would be unsafe for ~30% of annual daylight hours Adaptation: adaptation measures for India could include providing early-warning systems, building cooling shelters, shifting work hours for outdoor laborers, and accelerating the shift to service- sector employment © uniquely india/Getty Images Will mortgages and markets stay afloat in Florida? Increasing risk: rising sea levels, increased tidal flooding, and more severe storm surges from hurricanes are likely to threaten Florida’s vulnerable coastline Physical damage to real estate: in 2050, a once-in-100-years hurricane might cause $75 billion worth of damage to Florida real estate, up from $35 billion today Knock-on effects: in Florida, prices of exposed homes could drop, mortgage rates could rise, more homeowners may strategically choose to default, and property-tax revenue could drop 15–30% in directly affected countries Adaptation: adaptation measures in Florida could include improving the resilience of existing structures, installing new green infrastructure, and building seawalls © Warren Faidley/Getty Images 100 What now? Ten actions to emerge stronger in the next normal September 2020
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