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WEF: Climate Change Could Slash Sports Revenue by 18%

2/26/2026

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Story summary
  • World Economic Forum (WEF) warns climate change and physical inactivity could cost the $2.3 trillion sports industry up to 18% of annual revenue by 2050.
  • Extreme weather events disrupt competitions and diminish spectator experiences.
  • Declining youth participation threatens future revenues.
  • Sports tourism could account for 60% of revenue increases through 2030, highlighting the need for adaptation.
  • Broadcasters face lower advertising revenues due to event cancellations linked to adverse weather.