Countries experiencing the worst of climate change also tend to feel the least prepared

Share of companies* citing major obstacles to preparing for climate change versus extent climate change is having a major impact (%, 2019)

*Average share of companies citing 'Availability of finance', 'Cost of investment activities', 'Availability of skilled staff', 'Uncertainty about regulatory environment', 'Uncertainty about new technologies', 'Uncertainty about climate change impacts' to be 'major obstacles' when preparing for climate change-related weather events and emissions reductions
Source: 2020 European Investment Bank survey
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