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Businesses face mounting pressure to adapt to extreme climate swings
NYT Business frames a cycle of heat waves, wildfires, droughts, and storms as pushing companies to treat new climate-related investments as unavoidable.
Repeated extreme weather events, including heat waves, wildfires, droughts, and storms, are increasingly shaping how businesses plan and spend, according to NYT Business.
The outlet says these conditions are solidifying an emerging view that companies cannot rely on short-term fixes and instead must make new investments to adapt.
NYT Economy also highlights the same theme, describing how a season of climate misery is accelerating the shift toward longer-term adaptation spending as extreme risks become more persistent.