Global spending on climate adaptation is running at roughly a third of what protecting everyone exposed today would require. At 2°C of warming, the gap widens further still. The economic case for closing it is strong, and yet investment remains far short of what the science demands

In this episode, host Debbi Cheong speaks with Mekala Krishnan, co-author of McKinsey Global Institute’s Advancing Adaptation report, and Yuito Yamada, Senior Partner at McKinsey. Together they examine where the adaptation gap is largest, why heat and drought account for more than three quarters of spending needs, and how Asia sits at the centre of the challenge.

The return on adaptation investment is clear: the spend on resilience today returns roughly three times its cost in avoided damage, rising to seven as hazards worsen. The long-term value is clear, so what will it take to translate that case into action at the scale the problem demands?

Read the report on the McKinsey Global Institute website here: https://www.mckinsey.com/mgi/our-research/advancing-adaptation-mapping-costs-from-cooling-to-coastal-defenses

See www.mckinsey.com/privacy-policy for privacy information

Foreign direct investment is increasingly being channeled into future-shaping industries, reconfiguring trade networks.

In this Future of Asia Podcast episode, host Debbi Cheong talks to McKinsey experts Jeongmin Seong and Tiago Devesa, two of the authors of the McKinsey Global Institute (MGI) report, The FDI shake-up: How foreign direct investment today may shape industry and trade tomorrow, about the impact of new FDI announcements globally. They focus on Asia, which accounts for about 50 percent of global trade flows, and its central role in the new configurations of trade.

See www.mckinsey.com/privacy-policy for privacy information

Governments and health systems across Asia aspire to shift toward proactive, preventive care. Yet historically, prevention budgets and policies haven’t matched the rhetoric, leaving reactive treatment models dominant.

Today, a new era of change is emerging — from public health initiatives and infrastructure planning to pharmaceutical and wearable-driven innovation — signaling that prevention and treatment are on track to converge for better outcomes. Can Asia become the first region to truly integrate prevention and innovation at scale?

In this episode, host Debbi Cheong is joined by Hemant Ahlawat, Senior Partner at McKinsey & Company in Zurich, and Panco Georgiev, Senior Partner in Dubai.

See www.mckinsey.com/privacy-policy for privacy information