‘CalPERS is overlaying physical climate risk with water scarcity insights’: California’s Betty Yee on water risk
Publish Date: 2/26/2021
News Source: Responsible Investor
By 2035, water supply from snowpack may decline by as much as two-thirds. California agricultural production .. could face climate-related water shortages of up to 16% in some regions by 2050, which could cost up to $50bn per year. .. CalPERS staff now are overlaying the physical risk of climate change with water scarcity insights to achieve a deeper view of accumulated risk.
