CDP Reports Nearly US$1 Trillion in Projected Global Economic Losses from Extreme Weather

On May 12, 2026, CDP, the international nonprofit that operates a global environmental disclosure system, released its latest analysis of the financial impacts of extreme weather on the world economy. Among companies that disclosed data, only 35 percent identified extreme weather as a major financial risk, even as projected future economic losses could reach US$898 billion. The analysis also indicates that nearly half of anticipated extreme‑weather‑related risks (48 percent) are expected to materialize within the next two years, making them an immediate concern for corporate operations and investment decisions. CDP emphasized that extreme weather has already emerged as a significant financial risk and underscored the need for companies, governments, and financial institutions to work together to advance system‑wide responses and investments that consider the broader foundations of the economy, including infrastructure and financial systems.