ONE Entity for ONE Climate Portfolio for ONE Nation can do so much for multiple environmental initiatives.

 Scientists and international organizations have documented that 2025 has seen severe climate impacts worldwide — from major floods and heatwaves to wildfire seasons unlike past years — demonstrating how climate change is no longer abstract but manifesting now. These disasters are overwhelming infrastructure, economies and communities, creating acute pressure for action.

Forbes

• 2025 has been confirmed as one of the hottest years on record, pushing global temperatures close to limits outlined in the Paris Agreement. Forbes
   
• Extreme events — like floods and wildfires — are increasing in frequency and economic damage, displacing millions and costing hundreds of billions in losses annually. Forbes
   

These realities make it harder for policymakers and the public to ignore climate change as a future problem — it’s now visible and costly.

Governments are responding in several ways:

• Many national and local governments are investing in flood mapping, adaptation planning and resilience programs to protect communities and infrastructure, recognizing that extreme weather losses threaten health and economies. In Canada, for example, federal programs are funding advanced flood hazard mapping and municipal climate resilience initiatives in response to frequent floods and wildfires.
   
• Countries are increasingly integrating climate risk into economic policy because inaction has huge costs — modeling suggests climate change could reduce GDP and cause massive disaster recovery burdens if adaptation is delayed.
   
• Reports and multilateral assessments urge leaders to invest in disaster risk reduction as both a humanitarian and economic imperative.
   

Governments are gradually seeing that preventative climate action (both mitigation and adaptation) is cheaper and safer than reacting after disasters.

For the corporate and financial world, flood, heat and wildfire losses are no longer theoretical:

• Business leaders are now reporting that extreme weather events are affecting operations, profits and supply chains — and they are incorporating climate risk into strategic planning, resilience investments, and emergency preparedness. KPMG

• Global risk assessments show that assets are at risk from climate hazards and that without adaptation or resilience strategies, companies face escalating losses, interruptions and insurance problems. WORLD ECONOMIC FORUM
   
• Investors are demanding better climate-related financial disclosures — including requirements for companies to report climate risks — because these risks affect valuation, creditworthiness and long-term returns. Tools like the Task Force on Climate-related Financial Disclosures (TCFD) are being embedded into regulatory and investment frameworks by 2025 to help markets price climate risk accurately. WIKIPEDIA
   

In short, corporations are increasingly viewing climate change as financial risk management — not just environmental goodwill.

People around the world increasingly experience extreme weather in daily life, which shifts public perception:

• Many communities are reporting more severe heatwaves, wildfires and flooding affecting homes, health and local economies — driving public demand for action and resilience.
   
• Public awareness influences consumer expectations, voting behavior, and civic pressure on companies and governments to act.
   

This societal shift helps push climate agendas into mainstream political and economic decision-making.

Financial markets and investors are factoring climate risk into decisions:

• Extreme weather risk is now incorporated into investment analyses and risk models because climate change can degrade asset values and supply chains.
   
• Funds focused on climate resilience, low-carbon technologies and sustainability are growing, driven by both risk hedging and opportunity capture.
   

Together, markets are beginning to price climate impacts into valuation and capital allocation decisions.

What’s different now compared with a decade ago?

✔ Direct economic and human impacts are visible and measurable.
✔ Governments are building adaptation infrastructure and policy frameworks.
✔ Corporations and investors explicitly treat climate impacts as core risk.
✔ Public perceptions are shifting quickly due to lived experiences.
✔ More data and disclosures fuel decision-making.

This collective shift reflects a growing consensus: climate change is not a distant threat but an immediate driver of risk and opportunity — and responding to it is essential for economic stability, public safety and future prosperity.