The private sectors see opportunities in climate adaptation and services. (Image: iStock)
Each year could now be the coolest summer of our lifetime. With global average temperature surpassing the 1.5°C threshold in 2024, extreme weather is expected to grow more frequent and severe. This series, “Climate adaptation in action,” explores Taiwan’s policy pathways and challenges in climate adaptation, while also highlighting how businesses can leverage weather data to manage risks and capture new opportunities.
Social and economic activities are closely tied to weather conditions, yet climate change and increasingly extreme events are making forecasts more difficult. To strengthen risk management, a growing number of companies are turning to customized weather data to minimize unpredictable impacts. RECCESSARY spoke with Weather Risk Explore Inc. to examine how the private sector is applying climate services in its adaptation strategies.