Geopolitics
Scorched Profits, Chilled Traditions: How Europe's Heat Crisis Exposes the Hypocrisy of Climate Preparedness
Europe's heatwaves, causing significant economic losses like a 20% turnover decline for hospitality in Padua, are not covered by traditional business interruption insurance. This insurance gap exposes the shocking vulnerability of small businesses to the climate crisis, a crisis created by historical emitters who now let the Global South bear the brunt while their own systems fail.