Summary
China Water Risk’s latest report highlights the escalating urgency of climate-driven water risks, following 2024—the hottest year on record, with global warming hitting 1.55°C. From record-breaking typhoons and storm surges in Hong Kong to alarming ice melt in the cryosphere, the report underscores Asia’s growing vulnerability to sea level rise (SLR), which could reach 2-3 meters by 2100. With billions in assets at stake, especially across Hong Kong’s top real estate developers, the report stresses the need for realistic risk assessments, urgent climate adaptation, and aligned strategies to build resilience before systemic shocks become unavoidable.
