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Southeast Asia floods sound alarm on climate adaptation as monthly losses top $20 billion

Reccessary · last updated

Severe flooding submerges streets across Songkhla province in southern Thailand. (Photo: iStock)

Severe flooding submerges streets across Songkhla province in southern Thailand. (Photo: iStock)

A series of typhoons and tropical cyclones in November swept across the Philippines and Indonesia, reaching as far as Vietnam, Thailand, and even Sri Lanka, leaving more than a thousand people dead and displaced millions. Intensified by climate change, the extreme rainfall overwhelmed infrastructure across the region, exposing the lack of adequate climate adaptation in these countries. As government responses fall short, how should businesses prepare for the growing risks? 

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