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OSU study finds recent increases in drought stress have reduced economic value of timberland by 1% on average in California, Oregon and Washington since 2004; increases in wildfires have reduced timberland values by 8.7% over past two decades

Shipping companies pay US$235M so far this year to jump queue at congested Panama Canal, up 20% year-over-year, according to Transport Topics; Panama Canal Authority plans to limit access till February 2024 due to severe drought

Oregon state foresters report red cedars are dying due to region's climate change-induced drought; researchers argue these drought-driven die-offs are beginning of a much larger and long-predicted shift in tree growing ranges due to climate change

Kenya could lose up to 7.25% of GDP to climate change effects such as heat and prolonged drought, World Bank says; more investments in water resources management, farming, energy, transport and digital systems needed as part of country's climate solutions

Experts name emerging issues likely to impact UK forests in next 50 years; issues include threats like forest ecosystem collapse, droughts and disease, as well as opportunities like trees in urban planning, incentives for nature-friendly forest management

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