With the bushfires blazing in the Blue Mountains, insurance costs are becoming a hot issue. One report in the Newcastle Herald estimated the total cost of damage at $138 million. Insurance is an important risk management measure for households and businesses. The availability and cost of insurance are being affected by the recent events like the Queensland floods and Victorian bushfires, which are linked to climate change.Read More
In the News
Australian property developers have been warned climate change impacts could expose them to significant financial risk.
The advice from Net Balance, Australia’s largest sustainability advisory firm is to start factoring in climate impacts immediately.Read More
In working in the dynamic field that is adaptation to climate change, it is often exhausting trying to navigate the politicization and media coverage of the ‘big CC’, and encourage stakeholders in various industry contexts to ‘proactively’ adapt. It often gets me thinking though, when will climate risk become a component of the traditional risk profile for corporations? Isn’t it inevitable?Read More