When climate factors in competitiveness ranking


WHEN thousands of Europeans swapped the beaches of Spain, Italy and Greece for the cooler landscapes of Norway, Scotland and the Baltic states this summer, the travel industry quickly coined a new term – “coolcations”. These destinations were chosen not for sunshine but for their milder temperatures.

This shift raises a question that governments around the world, including Malaysia’s, should ask: What happens when climate starts influencing not only where we travel but also where we choose to live, work and invest?

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Climate change; economy

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