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Extreme weather could see 'severe' losses, NGFS short-term scenarios show

US flood risk analysis reveals 'material blind spot' for investors

A new flood data tool has revealed that an average of 60% of losses in the US mainland occur outside federally defined zones, meaning that investors' exposure may be "materially underestimated, putting portfolios at risk".

Adaptation could help companies gain a competitive edge, says JP Morgan Chase

Discussion surrounding the impact of climate change has traditionally focused on potential future losses, but companies that adapt could see a financial return, according to a new report by JP Morgan Chase.