The report, developed by the Tech for Climate Adaptation Working Group under the World Economic Forum’s Centre for the Fourth Industrial Revolution, suggests that while technology cannot replace the need for GHG mitigation, it can help manage climate impacts and provide competitive advantages for early adopters. The document outlines how technology can assist in comprehending risks, building resilience, and responding dynamically to climate impacts through AI, Earth observation, IoT, and drones.
The 2024 Global Risks Report ranks extreme weather events as a top risk, with nearly half of the world’s population vulnerable to the impacts of climate change. The report emphasizes that every sector of the global economy faces some degree of climate-related risk and underscores the importance of a comprehensive strategy for adaptation that leverages technology.
