This article was adapted from the McKinsey Global Institute (MGI) report Climate risk and response: Physical hazards and socioeconomic impacts. The report’s authors are Jonathan Woetzel (a director of MGI and a senior partner in McKinsey’s Shanghai office), Dickon Pinner (senior partner in the San Francisco office and global leader of McKinsey’s Sustainability Practice), Hamid Samandari (senior partner
in the New York office and chair of McKinsey’s knowledge council), Hauke Engel (partner in the Frankfurt office), Mekala Krishnan (senior fellow at MGI), Brodie Boland (associate partner in the Washington, DC, office), and Carter Powis (consultant in the Toronto office).
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