Bloomberg
Commenting on Bloomberg.com, BCG’s Catharina Martinez-Pardo explains that much of the global travel and tourism industry has yet to realize the full scope of adverse effects that climate change will bring to the sector. As temperatures rise around the world, it is predicted that the climates of many southern European countries will change dramatically as soon as 2050, which could have a major impact on travel patterns. Such a shift would be a significant blow for countries that rely heavily on tourism for economic growth.