Revealed: The key cities and regions most at risk from climate change in 2050

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The most developed and globally significant Asian economic hubs such as Beijing, Jakarta, Ho Chi Minh City, Taiwan, and Mumbai are among the top 100 cities at risk of climate damage, an independent climate risk analysis company found. The XDI Gross Domestic Climate Risk comparison of physical climate risk for 2050 found that globally, Chinese provinces Jiangsu, Shandong, Hebei, Guangdong, and Henan have the highest results for damage risk. The findings from the XDI GDCR ranking underscore the importance of pricing physical climate risk in financial markets, including bond markets, given the amount of capital investment represented by the assets at risk in the provinces identified, the vulnerability of global supply chains, and the need for climate resilience to inform investment,” said Mr Hamden. “It is crucial for companies, governments and investors to understand the financial and economic implications of physical climate risk and weigh this risk in their decision-making before these costs escalate beyond financial tipping points.” The financial cost of extreme weather and climate change is already being felt by many of the economies topping the XDI GDCR ranking.