By investing in climate resilience businesses can unlock a ‘triple dividend’ that can protect their workforce and save money, new research suggests. Despite this, the current level of investment in climate change related disaster risk reduction is very low, leading to a stockpile of unmanaged climate risk that threatens to undermine business competitiveness.Last week a global cyber attack affected organisations
Cities are home to half of the world’s population and produce 75% of global GDP, as such municipal governments are central to building a climate resilient economy. During the COP21 climate conference last year, 400 mayors convened to discuss challenges and solutions for urban centres. It was one of the largest climate meetings for local level officials of all time.
A new alliance between the global cities network C40 and the global environmental disclosure organisations CDP, has been established to uncover investment opportunities in urban infrastructure amounting to an estimated 375 billion dollars. The announcement, by C40 Executive Director, Mark Watts came at London’s City Hall during the C40 Financing Sustainable Cities Forum hosted in conjunction with the Greater London Authority.
A new study about climate change perceptions of European citizens in France, Germany, Norway, and the United Kingdom reveals that the majority think their country is already feeling the effects of climate change. The study, which was written by a team of authors from Cardiff University (UK), Climate Outreach (UK), Institut Symlog (France), Rokkan Centre for Social Studies (Norway), University
Higher costs of water as a result of droughts and floods linked to climate change are severely affecting corporate financial performance globally. Companies worldwide are being warned that taking water preservation measures is now vital, and that those whole fail to act are likely to face mounting financial losses. The Carbon Disclosure Project (CDP), a not-for-profit organisation that tracks corporate
A new report by the European Environment Agency (EEA) finds that climate change is already having wide-ranging impacts on ecosystems, the economy, and on human health and well-being in Europe. Hot-spot Southern Europe While all European regions are vulnerable to climate change, some of them stand out. Southern Europe is projected to experience the highest number of climate impacts which
The effects of continued global warming on Alpine snow cover could have a devastating impact on Switzerland’s winter sports industry. Switzerland, one of Europe’s principal winter sports destinations, expects the impact of climate change will leave many of its mountains short of snow cover by the end of the century. The prospect illustrates the urgent need for climate scientists to
Climate change impacts on water are well documented, from floods to droughts hydrological climate impacts affect the lives and livelihoods of millions of people around the world. One aspect of the issue that is, perhaps, less well reported is that of climate impacts on wastewater. In an effort to correct this, the UN has made wastewater its theme for this
When planners, architects and designers build major pieces of infrastructure they, very prudently, consider the impact of future extreme weather events. However as thousands of flood victims in the north of England (and millions more around the world) found out in 2015, these measures do not always prevent failure. The reason for this is that it is becoming harder and
We are at a US$ 90 trillion infrastructure crossroads, according to a new report from the Global Commission on the Economy and Climate. Over the next 15 years, the world will need to spend the staggering sum, more than doubling its current infrastructure stock. The scale of the challenge is huge, but offers a massive opportunity to build climate resilience