Several businesses already have factored the short-term effect of a changing climate into their decision making, but few have incorporated long-term considerations into their plans, often citing a lack of readily available federal data and tools, a White House advisory panel said. "With some notable exceptions, there is little activity in the private sector aimed at adapting to long-term climate-induced disruptions to supply chains and business continuity," the President's Council of Advisors on Science and Technology said in a Nov. 25 letter. "Few major companies have incorporated climate data or modeling into long-term decision-making or otherwise taken steps to address these risks; and smaller and medium-sized enterprises have less capacity to understand and address risks of this kind. The near-term nature of business focus can play a role in preventing the private sector from looking at longer-term climate effects and adaptation measures."
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