As the climate risk rises, businesses of all the categories has so you’re able to place in far more of its costs so you can preparing for and replying to calamities. Investing in exposure management might help counterbalance such will cost you, but many enterprises, particularly small businesses, may not have the fresh new economic autonomy to do it. During the , the fresh new authors interviewed 273 enterprises impacted by Hurricane Harvey (and you can examined the financing accounts of 5,000) after it struck The southern area of Tx during the 2017 to see how they answered. Continue reading “Given that Environment Chance Develops, So Will Charges for Smaller businesses”
