More roof leaks and power cuts? World Bank says climate change will hit homes hard
- Posted on June 4, 2025
- By Business News Today
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More roof leaks and power cuts? World Bank says climate change will hit homes hard

More than 60% of households and firms in South Asia have experienced extreme weather events in the past five years, and this number is expected to rise to over 75% in the next decade, according to the World Bank. The region faces increasing risks from heatwaves and floods, with nearly 90% exposed to intense heat by 2030. Meanwhile, the World Meteorological Organization forecasts record-breaking global temperatures in the coming years. Both reports stress urgent government action and private sector adaptation to manage growing climate threats.