River floods affect 21 million people each year, according to the World Resources Institute, impacting India, Bangladesh, and China the most. Fifteen countries account for 80% of the flood risk worldwide. By 2030, the researchers expect flood risk to affect 48,500 people, driven primarily climate change. Risk will affect developed and developing countries. WRI provides a tool (Aqueduct Global Flood Analyzer) to assess risk by country and key factors, available here and on the Reference Deck.
While corporate strategy often chases abstract ideas like growth and advantage, companies and governments have to operate in the natural world and adjust to long-term environmental trends. WRI’s Aqueduct tool provides at least one criterion for evaluating countries as part of an overall geographic strategy.