Yorkshire Enterprise Network

𝗧𝗵𝗲 𝗖𝗼𝘀𝘁 𝗼𝗳 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗜𝗻𝗮𝗰𝘁𝗶𝗼𝗻: $𝟱𝟬𝟬 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗮𝗻𝗱 𝗖𝗼𝘂𝗻𝘁𝗶𝗻𝗴 In 2024, extreme weather events cost the U.S. economy over $500 billion, nearly 2% of the country’s GDP, according to AccuWeather. From catastrophic hurricanes to record-breaking wildfires, communities, businesses, and infrastructure are bearing the brunt of unchecked climate risks. •𝗛𝘂𝗿𝗿𝗶𝗰𝗮𝗻𝗲 𝗛𝗲𝗹𝗲𝗻𝗲 𝗮𝗹𝗼𝗻𝗲 𝗰𝗮𝘂𝘀𝗲𝗱 𝗻𝗲𝗮𝗿𝗹𝘆 $𝟲𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗱𝗮𝗺𝗮𝗴𝗲𝘀 in North Carolina, leaving thousands of homes in need of rebuilding. • 𝗗𝘂𝗸𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗿𝗲𝗽𝗼𝗿𝘁𝗲𝗱 $𝟮.𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗱𝗮𝗺𝗮𝗴𝗲𝘀 from multiple hurricanes and is now seeking a $1.1 billion rate increase in Florida to cover losses. • 𝟱𝟲% 𝗼𝗳 𝗛𝗼𝘂𝘀𝘁𝗼𝗻 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝘀𝘂𝗳𝗳𝗲𝗿𝗲𝗱 weather-related losses after Hurricane Beryl. This isn’t just a U.S. issue—it’s a global crisis. In 2024, European scientists declared it the hottest year on record, marking the first full year with global temperatures 1.5°C above pre-industrial levels, the threshold set by the Paris Agreement. “The money exists to solve the climate crisis—it’s just sitting in the wrong places.Kyoto.Networkis here to bridge the gap between capital and impact.” –Sheraz Malik, Founder & CEO of Kyoto Network To drive meaningful change, we must mobilize climate finance and channel it into sustainable solutions and resilient infrastructure. By linking investment with high-impact projects, businesses and governments can scale their efforts effectively and turn ambition into action. It’s time for bold action to address these escalating climate risks—before the cost becomes unbearable.#ClimateAction#ExtremeWeather#Sustainability#ClimateFinance#KyotoNetwork