MUSIC BUSINESS · ·ca.billboard.com
Climate Change Puts Live Music Events at Risk
A report shows that rising weather disruptions and climate change impacts threaten approximately 1.8 billion dollars in economic value for live music events by 2040.
According to a report, 83 percent of participants state that climate change affects their events. In addition, 87 percent of participants state that they expect these impacts to increase within the next five years. Disruptions related to weather conditions rose from an annual average of eight incidents between the years 2010 and 2022 to an annual average of more than 65 incidents between the years 2023 and 2025. It was also determined that only 15 percent of participants have purchased adverse weather insurance.
If extreme weather events continue until the year 2040, approximately 1.8 billion dollars of economic value of live music events will be at risk. Disruption has already affected live events due to wildfires. Because of wildfires, Music in the Garden in Burlington was postponed. Wildfires also caused disruption in Gravenhurst, where Tall Pines cancelled its final day.
Live music events also remain scheduled for future dates. Rogers Stadium has concerts planned for the year 2027. Specifically, Harry Styles has a concert scheduled at Rogers Stadium in 2027. In addition, Slipknot also has a concert scheduled at Rogers Stadium in the year 2027.
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