Despite accurate forecasts, weak cyclones in South Asia triggered deadly floods – highlighting how warmer oceans are amplifying rainfall and reshaping cyclone risks in a warming climate. By Ligin Joseph

Deadly protests by youths in Sri Lanka, Bangladesh and Nepal show how lack of attention to inclusive development can fuel public anger. By Deepanshu Mohan, Ankur Singh and Anania Singhal

Nepal’s Gen Z–led uprising, sparked by a social media ban and fuelled by anger over corruption, inequality and joblessness, toppled the government and opened an uncertain path toward political reform. By DB Subedi

With investors already confronting the consequences of environmental instability, there can no longer be any doubt that nature risk is financial risk. Asset owners, central banks and institutions like the International Monetary Fund have a responsibility to integrate this awareness into all their activities. By Julie McCarthy and Patrick Odier