Climate is the biggest risk to business

London (CNN Business)Companies and investors are waking up to the dangers posed by climate change and extreme weather.

Many now consider environmental risks, such as droughts and wildfires, to be even more dangerous than turbulent markets, cyberattacks or geopolitical snafus.
Climate and environmental issues dominate a ranking of top global risks produced by the World Economic Forum ahead of its annual summit in Davos.

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