JP Morgan: Top ports require $768bn investment to handle climate change

Leading hubs need to do much more to adapt to rising sea levels, report shows

Sarah Kapnick says the cascading effects of physical damage, port closures and trade disruptions could lead to ‘multibillion-dollar loss events’.
Sarah Kapnick says the cascading effects of physical damage, port closures and trade disruptions could lead to ‘multibillion-dollar loss events’.Photo: Scanpix
Published 17 June 2025, 10:34Updated 17 June 2025, 11:37
HoustonPort of GalvestonJP MorganClimate changeNorth America