McKinsey’s weekly Chart

Summer in the Northern Hemisphere keeps getting hotter

Climate change in North Americ

The average day in many locations is now hotter, and extremely hot days are becoming more likely. The share of the Northern Hemisphere that experiences an unusually hot summer has increased to 15.0 percent, from 0.2 %, since 1980.

To read the report, see “Climate risk and response: Physical hazards and socioeconomic impacts,” January 16, 2020.

The US food-service industry may take four years to recover from the COVID-19 pandemic

COVID-19 – Consumer – North America

Of the two crisis-recovery scenarios that global executives view as most likely, a 2021 economic return is most optimistic. But the return could be delayed up to four years if the virus recurs.

To read the article, see “US food supply chain: Disruptions and implications from COVID-19,” July 2, 2020.

Florida home market may lose USD 30 billion to floods over next ten years

Climate change – North America

As tidal floods increase and become more severe, affected homes—already devalued by USD 5 billion collectively—could lose up to USD 30 billion by 2030 and up to USD 80 billion by 2050.

To read the article, see “Will mortgages and markets stay afloat in Florida?,” April 27, 2020.

Ethiopian coffee yields threatened by climate change

Climate change in Africa

By 2030, coffee farmers in Ethiopia and corn producers in Mozambique will have a full percentage point higher chance than they do today of experiencing a 25 % or greater drop in annual yield. Conversely, cotton yields in Mozambique would become more stable.

To read the article, see “How will African farmers adjust to changing patterns of precipitation?,” May 18, 2020.

HVAC improvements and other upgrades might help prevent indoor airborne transmission of coronavirus

COVID-19 Innovation

Potential solutions to control inter-room airflow include installing doors or air curtains, sealing gaps in ceilings, and creating overpressure above drop ceilings.

To read the article, see “Can HVAC systems help prevent the transmission of COVID-19?,” July 9, 2020.

Mediterranean’s top crop faces climate-change risks

Climate change

A warming climate could drive the production of grapes, which account for 14 percent of the Mediterranean’s agricultural production value, further north by 2050. If that happens, it may take Executives have prioritized efficiency and keeping their core business secure and stable over innovation. They expect to reprioritise innovation when the crisis passes, but will it be too late? new winemaking regions generations to gain the right experience in growing grapes.

To read the article, see “A Mediterranean basin without a Mediterranean climate?,” May 28, 2020.

Investments in innovation have slowed during the pandemic

COVID-19 Strategy

To read the article, see “Innovation in a crisis: Why it is more critical than ever,” June 17, 2020.