Likelihood of climate-driven migration by region (% of respondents)

Investors overwhelmingly said they expect people to leave vulnerable regions such as the Middle East and North Africa, Sub-Saharan Africa, and South Asia and the Pacific Islands amid heightened environmental threats, and that wealthier, more resilient regions will serve as destinations for those fleeing environmental challenges.

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Source: “What the Market Thinks: A Climate Risk Survey,” MSCI Sustainability Institute, October 2024