📊Executive Summary

A recent report from PwC highlights the potential impact of climate change on copper production, which is critical for semiconductor manufacturing. The analysis indicates that nearly one-third of global semiconductor production will rely on copper supplies that are at risk of water shortages, particularly in Chile, which faces severe drought conditions. This situation poses a significant threat to the semiconductor supply chain, as copper is essential for chip production. The report calls for industry and government action to mitigate these risks, emphasizing the need for companies to adapt by increasing water production and diversifying supply chains. The semiconductor industry, which has already faced shortages during the pandemic, must proactively address these vulnerabilities to avoid future disruptions....