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McKinsey Global Institute

Resources of the World

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Advancing adaptation: Mapping costs from cooling to coastal defenses

December 11, 2025 -
The benefits of adaptation far outweigh its costs. Yet, the world today spends just one-third of the amount needed to protect everyone exposed to hazards to developed-economy standards. What would it cost to adapt as the Earth warms, and how much will get spent?
Image of an apartment building with air conditioning units next to the windows bathed in golden sunset.
Advancing adaptation: How evolving hazards could shape the agenda
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Ten physical realities the energy transition must tackle
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The hard stuff: Navigating the physical realities of the energy transition
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The net-zero transition: What it would cost, what it could bring
Climate risk and response: Physical hazards and socioeconomic impacts
Climate risk and response: Physical hazards and socioeconomic impacts
Climate risk and response in Asia
Climate risk and response in Asia
Will the world's breadbaskets become less reliable?
Will the world’s breadbaskets become less reliable?

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