Extreme weather is driving investments into climate risk digital solution says Verdantix ...United Arab Emirates

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A global surge in investments into climate risk digital solutions is being fueled by growing loses from extreme weather according to a report by research and advisory firm Verdantix. According to the firm, the climate risk digital solutions market will skyrocket to US $4bn by 2027, compared to just $880mn in 2021. The firm stated that spending on software and consultant packages offering business performance climate risk analysis is the fastest-growing sector, and is predicted to hit over $1bn. Verdantix pointed out that high market growth expectations are attracting increasing interest from major firms; McKinsey, Conning, BlackRock, Moody’s and S&P Global were highlighted as some of the maj

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Last updated : 25 January 2023 clock 11:08 AM

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Extreme weather is driving investments into climate risk digital solution says Verdantix ...United Arab Emirates

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