Human-induced climate change is making disasters more frequent and more intense. Policy could help reduce the economic costs of climate change by helping firms withstand extreme weather events. This column explores how management practices shape the impact of environmental shocks on firms. Well-managed firms are doing more to adapt to climate change and are more likely to implement adaptive measures in response to perceived climate change risk. Such management practices can offset the negative impacts of climate shocks on capital, jobs, value added, and survival.

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8 August 2024

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Vox EU

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https://cepr.org/voxeu/columns/managing-cope-natural-disasters

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