Persistent gaps in risk and adaptation strategies remain amid rising climate hazards

Core Insights - The research by Marsh highlights a significant gap between climate risk assessments and the adaptation strategies organizations are implementing [1] - Despite recognizing climate risks, organizations are not performing comprehensive cost-benefit analyses to support further investments in adaptation [1] Summary by Categories - Climate Risk Awareness - Organizations acknowledge the existence of climate risks [1] - Adaptation Investment - There is a lack of comprehensive cost-benefit analyses to justify adaptation investments [1] - This lack of analysis leads to significant gaps in the effectiveness of adaptation strategies [1]