Here in Australia climate risks are absolutely priced in. You should see how much it costs to insure houses now. Something like 25% of home owners in some regions cant afford home insurance now.
I would say that the insurance industry is at the forefront of pricing this stuff in because they have been directly feeling the effects of it for a while now. Most other industries that are not directly affected right now are likely lagging way behind.
Here in Australia climate risks are absolutely priced in. You should see how much it costs to insure houses now. Something like 25% of home owners in some regions cant afford home insurance now.
I would say that the insurance industry is at the forefront of pricing this stuff in because they have been directly feeling the effects of it for a while now. Most other industries that are not directly affected right now are likely lagging way behind.