Why it is the topic trending: • Record-Breaking Heat Forecasts: The World Meteorological Organization (WMO) predicts a high likelihood (80%) of at least one of the next five years surpassing 2024 as the hottest year on record, with strong possibilities for 2025 to set this new global high. • Anticipated Summer Heat Records: Major regions, including the…
Category: Climate Change
Insight of the Day: The Largest Risks Faced by the World
Detailed Findings: • The World Economic Forum’s (WEF) 20th annual Global Risks Report identifies the most severe global risks over the next 2 and 10 years, based on a survey of over 900 experts from academia, business, and politics. • Short-Term (2 years): • Misinformation and disinformation are considered the most severe risk, fueled by AI…
Insight of the Day: How unpredictable weather is reshaping the fashion industry
Detailed Findings:The article discusses the growing impact of unpredictable weather patterns on the global fashion industry. Warmer winters, longer summers, and sudden fluctuations challenge retailers in supply chain management, product forecasting, and consumer demand. It highlights recent temperature anomalies in the UK and US, how these affect production hubs and export earnings, and the subsequent…
Insight of the Day: Wake up and smell the coffee: rising food prices show destabilising impact of climate crisis
Findings • Rising food prices are a consequence of climate change. • Extreme weather events are affecting crop production worldwide. • Coffee prices have surged due to a poor harvest in Brazil. • Climate crisis impacts both rich and developing countries differently.Key TakeawayClimate change is driving food price inflation and production instability globally, necessitating urgent…
Insight of the Day: State of Climate Report
Findings: • The climate crisis is intensifying with unprecedented weather events such as stronger tropical storms, widespread fires, and extreme droughts. • Even if governments meet their emissions goals, the world could still see 2.7°C of warming, far exceeding the Paris Agreement target of 1.5°C. • Rising fossil fuel consumption and continued deforestation are accelerating climate change,…
Insight of the Day: Soup to ice cream: climate change pushing consumers to iced treats
Key Findings: • Soup consumption has declined, and ice cream consumption has risen in Spain over the last 25 years, especially during typically cooler months like February and November. • Warmer weather leads to more consistent demand for ice cream throughout the year, while shortening the seasonal window for soup. • Wine consumption, particularly red…