A flood is coming: How water risks could top $5.6trn by 2050

Water is suddenly everywhere, or rather it is not where it should be. As Pakistan reels from the worst floods in its history, vast swathes of the northern hemisphere bake in heatwaves and droughts that have seen great rivers run dry. The increasingly intense floods and droughts are precisely what climate scientists have predicted, except for the fact they are hitting with even greater severity than most models expected. The implications of this new climatic order are little short of terrifying. The floods in Pakistan have left an estimated third of the country under water, and as a resul...