Core Insights - Klarna has launched its AI for Climate Resilience Program, aimed at using artificial intelligence to enhance climate adaptation and community resilience in severely affected regions [1] Group 1: Initiative Overview - The AI for Climate Resilience Program is a global initiative by Klarna to promote the application of AI in addressing local impacts of climate change [1] - The program focuses on identifying and supporting innovators who are developing practical solutions to combat climate-related challenges [1]

Core Insights - The recent floods in South and Southeast Asia have resulted in over 1,300 fatalities and at least $20 billion in economic losses, highlighting the increasing risks posed by climate change and extreme weather events in the region [1][8] Economic Impact - A series of three tropical cyclones combined with the northeast monsoon have caused unprecedented rainfall and destruction across multiple countries, affecting homes, infrastructure, and agricultural output [2] - The estimated economic losses from last month's floods are based on government and analyst assessments, which may be revised as further damage assessments are conducted [8] - Thailand's economy could face additional losses of up to $400 million per month if flooding conditions persist, particularly affecting high-value exports like electronics and auto parts [15] - Indonesia has experienced losses exceeding $4 billion, accounting for approximately 0.29% of its GDP, due to damage to infrastructure and agricultural output [16] Climate Change and Resilience - Climate change is identified as a significant factor exacerbating flooding risks in Southeast Asia, with predictions of more frequent "compound disasters" in the future [4][19] - The region has a high percentage of its population living in flood-prone areas, with 21% in Malaysia and around 20% in Indonesia, indicating a growing vulnerability as global warming accelerates [5] - Despite the risks, many Southeast Asian countries are lagging in building climate resilience, often prioritizing economic growth over necessary adaptation efforts [6] Political and Social Factors - In the Philippines, a corruption scandal related to flood mitigation funding has led to a pause in infrastructure projects, negatively impacting investor confidence and economic growth [7] - The intersection of political issues and inadequate climate adaptation efforts is particularly acute in the Philippines, affecting overall disaster response and recovery [7][12] Industry Response - While the immediate impact on industrial output from the recent storms has been limited, the long-term effects on supply chains and manufacturing remain uncertain [10][11] - Vietnam's economy has incurred approximately $3.2 billion in losses due to storm damage this year, nearing the record losses from previous severe weather events [18]

Climate Change Impact Assessment - A widely cited study on economic damage from climate change was retracted [1] Research Integrity - Retraction followed criticism from peers, highlighting the importance of peer review in climate change research [1]

Group 1: Climate Change Costs - A study indicates that households in the 10% of U.S. counties most affected by climate change incur an average of $1,300 annually in extra costs, while the nationwide average ranges from $400 to $900 [1] - The study attributes increased costs to more frequent natural disasters, higher insurance premiums, and rising expenses for housing, energy, and food [1] - Lower-income households are disproportionately affected by these climate change-related costs [1] Group 2: Sandisk Stock Performance - Sandisk shares have declined by 6.5% after joining the S&P 500, marking a 14% drop for the week and a loss of about one-third of their value since reaching an all-time high on November 12 [1] - Despite the recent decline, Sandisk's shares have increased over 400% since being spun off from Western Digital in February [1] Group 3: Pure Storage Financial Results - Pure Storage's stock fell 13% after reporting a fiscal 2026 third-quarter GAAP profit of $0.16 per share, below the expected $0.23 per share [1] - Revenue for the quarter was $964.5 million, a 16% year-over-year increase, and the company raised its full-year revenue forecast to between $3.63 billion and $3.64 billion [1] Group 4: GitLab Financial Results - GitLab's stock dropped 9% despite reporting a revenue increase of 25% to $244.4 million and lifting its full-year outlook [1] - The company reported a GAAP Q3 loss of $0.05 per share, compared to a profit of $0.17 a year ago, while adjusted earnings of $0.25 per share exceeded estimates [1] - GitLab has revised its full-year adjusted EPS forecast to a range of $0.88 to $0.89, up from $0.82 to $0.83 [1]

### Key Takeaways* Climate change costs households in some parts of the country an average of $1,300 a year, according to a new study.* The figure is a minimum: the researchers tallied some important costs, such as more expensive insurance, but haven't accounted for everything.* Climate change-related costs are likely to increase in the future unless action is taken to counteract it.Researchers have put a price tag on how much climate change costs you, and the price can be steep depending on where you live. ...

Climate Change Impact - Global warming has led to a 12% increase in temperature compared to 150 years ago, resulting in flooding, seasonal fluctuation, drought, and deforestation [3][4] - The Intergovernmental Panel on Climate Change projects a potential 15% increase in global average temperature by 2030, affecting the lives of 350 million individuals [4] - Northern Nigeria faces desertification, with 60 meters of desert encroaching southwards annually, impacting livelihoods and the Lake Chad Basin, where 90% has shrunk [6] Mitigation Efforts - Sahongur University has planted 1,000 trees, with each mature tree capable of absorbing 22 kilograms of carbon dioxide per year [5] - Nature-based solutions, such as planting and sustaining trees, are crucial for addressing climate change [8] - Integrating climate literacy into education curricula is essential [9] Call to Action - Collaborative efforts are needed to enhance the sustainability of planted trees [8] - Policymakers should recognize climate change as an important issue [9] - The best time to plant a tree was 20 years ago, and the second best time is today, emphasizing the urgency of action [10]

[music] Have you ever dropped a tiny pebble in a pond. The pebble disappears in a second, but the ripples spread out endlessly. Now imagine what if you are that bubble.What if one small action by one person could ripple across the entire planet. Hi everyone, I'm 12 years old and like many children, I used to think I'm too small to make a difference. But now I know small things can make a big impact.When I was younger, climate change felt like this huge scary monster. It was everywhere in the news, in scienc ...

Climate Change Impact & Adaptation - Severe weather events are increasing, with 2024 being the hottest year on record and the National Weather Service issuing 3,000 flash flood warnings by mid-July [6] - Traditional engineering practices assuming stable past conditions are no longer valid due to climate change [10][11] - Adaptation to climate change is imperative, with a shift needed from shallow adaptation (e g, sandbags) to transformative adaptation [11][12][13] Transformative Adaptation Strategies - Transformative adaptation involves creating different physical spaces that collect floodwaters while providing habitat and open space [13] - Resilient Mystic is a plan that uses passive recreation areas for floodwater storage, green stormwater infrastructure, and elevated critical infrastructure [16][17] - Community involvement is crucial in developing resilience plans, shifting from expert-driven solutions to collaborative approaches [18][19] Economic & Policy Implications - Investing in resilience yields a resilience dividend, with multiple cumulative benefits accruing to communities for every dollar invested [20] - Resilience and adaptation require political will, funding, and policy, emphasizing the importance of electing leaders who understand the benefits of resilience [22][23] - Sharing experiences with climate change and promoting transformative adaptation can foster collaboration for a more resilient future [24]

So imagine you close your eyes and open them again in 30 years. What would you be happy to see. Let's imagine a more beautiful world.So I'll start with a quote. It's 3:23 in the morning and I can't sleep because my great great grandchildren asked me in my dreams, "What did I do while the earth was unraveling?" What did we do while the earth was unraveling. That's a quote from Drew Dillinger, which I read in the book, The Good Ancestor.by Roman Karik. What did we do while the earth was unraveling. What are w ...

Climate Change Impact - A widely-referenced study calculating the impacts of climate change on the global economy has been retracted [1] - The retraction follows criticism from peers regarding the study's methodology or findings [1]