Update / 25 June 2026
Preparing for extreme weather shocks a huge opportunity, and the right thing to do
As the London Climate Resilience Finance Summit got underway amid a searing heatwave, IIED executive director Tom Mitchell said: “Climate change is a clear danger right now.
“But it’s going to be a long-term threat, so the world needs a long-term vision for protecting people and their livelihoods. Investing money now will avoid losses in the future – and simply lurching from crisis to crisis will serve no one."
“But it’s going to be a long-term threat, so the world needs a long-term vision for protecting people and their livelihoods. Investing money now will avoid losses in the future – and simply lurching from crisis to crisis will serve no one."