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News / Urban resilience in a land of flood and drought

Image: Water scarcity is a growing problem for India's Cities: Source: Road to Resilience Vol 1: T...  Read More
29MAR

News / Caribbean communities on the front lines of climate change adaptation

Image: PORT-AU-PRINCE (April 16, 2009) Haitian students from Emmanuel Christian School pose for a...  Read More
28MAR

News / New EWS-WWF and Acclimatise report identifies climate change risks and opportunities for UAE

Image: Report cover and night skyline of Dubai. Photo (Dubai) by Robert Bock (public domain)....  Read More
27MAR
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Resources

16JUL
2014
Report: CDP: "Protecting our capital: How climate adaptation in cities creates a resilient place for business"
Category: Financial Services, Government & Policy, Latest News, Manufacturing, Retail & Supply Chains, Transport & Communications

Cities are undoubtedly leading the way on climate change, with over 200 cities worldwide now actively reporting their climate risks. This is the latest positive news from the Carbon Disclosure Project (CDP), a London-based NGO focused on driving sustainable economies. In a report released this week, CDP observe a 90% increase on the number of cities reporting on climate adaptation activities last year, indicating the seriousness with which local governments are approaching the dangers posed by rising sea levels, heat waves and resource scarcity.

 

 

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17APR
2014
Report: Swiss Re: Sigma 2013: Natural catastrophes and man-made disasters 2013
Category: Agribusiness & Forestry, Defence & Security, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, International Development, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

 Key findings of the report include:  

  - Total economic losses from natural catastrophes and man-made disasters were USD 140 billion in 2013

  - Global insured losses were around USD 45 billion in 2013, with large contributions from flooding and hail events

  - Around 26 000 lives were lost in natural catastrophes and man-made disasters in 2013

  - A special chapter on climate change in the sigma says rising global temperatures are expected to lead to shifts in the frequency, intensity and duration of extreme weather events

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28MAR
2014
Report: CDP / Acclimatise: Climate Change Resilience in Europe: A snapshot of the private sector
Category: Agribusiness & Forestry, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, International Development, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

The CDP report “Climate Change Resilience in Europe” provides actionable insight for businesses and serves as an invaluable tool to facilitate informed decision making by business leaders, governments and policy makers across Europe.

The report’s key findings include:

- Businesses identify two climate risks by climate change for every one opportunity (responding companies identified 780 risks compared to 379 opportunities).

- The most anticipated risk companies cite is a reduction or disruption in production capacity (32% of all reported risks).

- Two in five companies anticipate increased demand for existing goods and services (43% of all reported opportunities). One in five expect new products or services to be profitable in a changing climate (18% of all reported opportunities).

- Risks are perceived differently across sectors, with financial companies accounting for nearly one third of all critical risks mentioned in the survey (33%), followed by consumer discretionary companies (25%).

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11MAR
2014
Report: Acclimatise and Oxfam America: PREP Value Chain Climate Resilience
Category: Financial Services, Government & Policy, Latest News, Manufacturing, Retail & Supply Chains, Transport & Communications

This guide has been developed by companies and organizations engaged in the Partnership for Resilience and Environmental Preparedness (PREP) — a pilot partnership formed to address the risks and opportunities that climate change impacts pose to businesses and the communities on which they depend. One of the primary goals of PREP is to engage and inform good practice in companies as it relates to building climate resilience in partnership with communities. This guidance has been developed on behalf of the PREP member companies Calvert Investments, Entergy, Levi Strauss & Co., Earth Networks, Green Mountain Coffee Roasters, Inc., Starbucks, and Swiss Re.

The report was prepared by Jean-Christophe Amado and Peter Adams (Acclimatise). Heather Coleman (Oxfam America) and Ryan Schuchard (BSR) were lead contributors.

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26FEB
2014
Report: EBRD and IFC: Pilot Climate Change Adaptation Study: Turkey
Category: Agribusiness & Forestry, Financial Services, Government & Policy, Latest News, Manufacturing, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

Small and medium-sized businesses (SMEs) in Turkey are increasingly concerned about the scale of the climate challenge facing their operations. In a country where water scarcity is a growing problem, their anxiety is not unfounded. SMEs also struggle to decide on the most effective strategies to reduce climate risk, according to a ground-breaking study, funded by the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC). The study identifies opportunities for business investment to effectively manage the risks associate with climate change.

The ‘Pilot Climate Change Adaptation Study: Turkey’, identifies priority actions for Turkish businesses to increase their climate resilience. The research, undertaken by Acclimatise, Mavi Consultants and COWI, aims to help businesses identify the measures that make business sense.

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13FEB
2014
Report: WWF and the Bank of the Philippine Islands: "Business Risk Assessment and the Management of Climate Impacts"
Category: Latest News, Manufacturing, Retail & Supply Chains

A new report commissioned by The Worldwide Fund for Nature (WWF) analyses the vulnerability of 12 Philippine cities. Along with the Bank of the Philippine Islands (BPI) Foundation, WWF released the Business Risk Assessment and the Management of Climate Impacts, a multi-year study, which examines economic and climate trends to predict and prepare for likely future scenarios.

Climate vulnerability scores are calculated for each city. With the report finding that a large amount of infrastructure investment is required in order to increase resilience to future climate risk. Launched in 2011, the study’s first phase covered the cities of Baguio, Cebu, Davao and Iloilo. Its second phase assessed Cagayan de Oro, Dagupan, Laoag and Zamboanga. For 2013, the cities of Angeles, Batangas, Naga and Tacloban were evaluated. Four more cities will be assessed for 2014.

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03FEB
2014
Report: CDP: Collaborative action on supply chain risk
Category: Government & Policy, Latest News, Manufacturing, Retail & Supply Chains

Companies are increasingly recognizing the risk that climate change poses to their supply chains in their supply chains, but investment in risk reduction and sustainability programs is going down, according to research published by the Carbon Disclosure Project (CDP). Importantly, the report finds a link between uncertain regulatory frameworks and the stalling progress to take action to reduce the climate impact on supply chains.

According to the report, 'Collaborative action on climate risk', ever more companies are reporting on the implications of climate change for their supply chains and there are clear financial benefits from investment in sustainability and resilience measures. The report points to an ever widening gap between measures taken by large corporates and those being taken by suppliers.

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22JAN
2014
Report: Global Risks Report 2014: The World Economic Forum, Davos.
Category: Agribusiness & Forestry, Defence & Security, Energy, Features, Financial Services, Government & Policy, Health & Pharmaceuticals, International Development, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

The World Economic Forum Global Risks 2014 report; a compendium of the most significant systemic risks to global prosperity according to 700 experts. Climate change is identified as one of the top 5 risks over the next 10 years.

The report assesses 31 risks that are global in nature and have the potential to have major negative impact across entire countries and industries if they take place. The risks are grouped under five classifications – economic, environmental, geopolitical, societal and technological – and measured in terms of their likelihood and potential impact.

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18DEC
2013
Report: EASAC: "Trends in extreme weather events in Europe: implications for national and European Union adaptation strategies"
Category: Agribusiness & Forestry, Defence & Security, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, International Development, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

A new report from the European Academies Science Advisory Council (EASAC), warns that climate change will bring more severe weather to Europe’s door, and that urgent action is required if member states are to be adequately prepared. Noting that ‘heat waves, floods and storms do not respect national frontiers’, the report calls for policy makers to act now at both national and EU levels.

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09AUG
2013
Report: Australian Business Roundtable for Disaster Resilience: "Building our Nation’s Resilience to Natural Disasters"
Category: Agribusiness & Forestry, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

The Australian Business Roundtable for Disaster Resilience and Safer Communities today released a White Paper that calls for a more comprehensive approach to managing natural disasters. The call comes as climate-driven extreme weather events are rising in Australasia, costing lives, causing significant damage to property and infrastructure, and necessitating large quantities of public finances to support relief efforts. The ‘Building our Nation’s Resilience to Natural Disasters’ report forecasts that cost of natural disasters in Australia to rise from AUS$ 6.3 billion a year currently to around AUS$ 23 billion a year in 2050 as population density increases and the severity and frequency of storms, floods, cyclones and bushfires grow.

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07AUG
2013
Guide: UK Environment Agency / IEMA: "Climate Change Adaptation: Building the Business Case"
Category: Agribusiness & Forestry, Defence & Security, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

The UK Environment Agency (EA) and the Institute of Environmental Management and Assessment (IEMA) have come together to launch best-practice guidance that will help environment and sustainability professionals to develop a thorough business case and secure senior management buy-in for addressing climate risks. 'Climate Change Adaptation: Building the Business Case’ is a 14-page guide that provides insightful learning points from practice, drawing on the experience of over 300 IEMA members.

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02AUG
2013
Report: ASBC: “Climate Change Preparedness and the Small Business Sector”
Category: Agribusiness & Forestry, Latest News, Manufacturing, Retail & Supply Chains, Tourism

A new report from the American Sustainable Business Council (ASBC) and small business advocacy group ‘Small Business Majority, has warned that small businesses in the US are especially vulnerable to climate change impacts.

According to the findings of the study, some of the characteristics that make it hard for small businesses to recover from climate driven shocks include:

  • A lack of access to capital and resources: Unlike large corporations, small businesses can suffer lasting economic damage as a result of a single extreme weather event. For example, of the 60,000 to 100,000 small businesses negatively affected by Hurricane Sandy, up to 30 percent are estimated to have failed as a direct result of the storm.

  • The high cost of downtime: The median cost of downtime from a small business affected by an extreme weather event is estimated at US$3,000 per day.

  • Concentrated assets: Small businesses’ physical assets tend to be more concentrated. A single building or factory could represent most of the book value of a small business, whereas large businesses benefit from greater geographic diversification.

  • Lack of resources to assess the risks: The majority of small businesses have not closely analyzed the potential economic losses from extreme weather events or other climate-related risks, in part due to a lack of resources to do so. In fact, 57 percent of small businesses have no disaster recovery plan, and for those small businesses that do have continuity, or risk management plans, 90 percent spend less than one day a month preparing and maintaining them.

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24JUL
2013
Report: WMO: The Global Climate 2001-2010, A decade of Climate Extremes
Category: Agribusiness & Forestry, Defence & Security, Features, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, International Development, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

A new report by the World Meteorological Organization (WMO) has shown that the world experienced unprecedented climatic extremes in the ten years to 2010. The decade wasn’t just the warmest since modern measurements began over 150 years ago but also saw a high number of extreme weather events- Hurricane Katrina in the US,  droughts in the Amazon Basin, Australia and East Africa and floods in Pakistan just to name a few. The Global Climate 2001-2010, A decade of Climate Extremes study analysed global and regional temperature and precipitation data as well as extreme events to compile the report. 

 

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23JUL
2013
Report: UNDP: 'GEO-5 for Business: Impacts of a Changing Environment on the Corporate Sector'
Category: Agribusiness & Forestry, Defence & Security, Features, Energy, Financial Services, Health & Pharmaceuticals, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

The success of private-sector companies will increasingly depend on their ability to adapt to climate change. This is the conclusion of a new report from the United Nations Environment Programme (UNDP), which found that extreme weather events, water scarcity and regulations that will be put in place to control emissions, are all climate-related events that will materially affect businesses’ ability to operate unless early action is taken to adapt. The report, GEO-5 for Business: Impacts of a Changing Environment on the Corporate Sector, says the private sector’s operating costs, markets for products and availability of raw materials will be affected by climate change. The report highlights the risks of climate driven events to a wide range of business sectors, from finance and tourism, to healthcare and transport.

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18JUL
2013
Report: C2ES: Weathering the Storm: Building Business Resilience to Climate Change
Category: Agribusiness & Forestry, Defence & Security, Features, Energy, Financial Services, Health & Pharmaceuticals, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

A new report has found that the vast majority of major firms see extreme weather and climate change impacts as a current or near-term business risk, but lack the data and tools needed to assess and manage these risks. The report, published this month by the Center for Climate and Energy Solutions (C2ES) – formerly the Pew Center on Climate Change – highlights the extent of the adaptation challenge for the business community.

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07JUL
2013
Report: Defra: UK National Adaptation Plan
Category: Agribusiness & Forestry, Defence & Security, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, International Development, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

The UK faces numerous and serious threats from climate change. But by addressing those risks early, the worst outcomes can be avoided - and there may even be benefits to gain. Those are the conclusions from the newly released National Adaptation Programme, published last week by the Department for Environment, Food and Rural Affairs (Defra).

The new report outlines the steps government, businesses and communities are already taking to address the most severe and urgent threats of climate change, as identified by Defra last year in its Climate Change Risk Assessment.

 

 

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25APR
2013
Report: European Commission/Acclimatise 'Guidelines for project managers: Making vulnerable investment climate resilient'
Category: Energy, Financial Services, Government & Policy, Latest News, Manufacturing, Transport & Communications, Water & Sanitation

The cost, size and long-lifespans of major infrastructure developments make them especially vulnerable to the impacts of climate change. Damage from extreme weather events such as floods, high winds and extreme heat can cost large sums to repair and even more in economic losses as key infrastructure assets are forced to close. Developed by Acclimatise for the European Comission (EC), a new set of guidelines aim to integrate climate resilience into the standard project lifecycle appraisal commonly practiced by developers.

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09APR
2013
Policy brief: Grantham Research Institute/LSE : "An Independent National Adaptation Plan for England"
Category: Energy, Financial Services, Government & Policy, Latest News, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Transport & Communications, Water & Sanitation

This brief, written by researchers from the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science, and the Centre for Climate Change Economics and Policy at the University of Leeds, comes ahead of the full National Adaptation Plan (NAP) report that is due to be published this summer by Defra. It calls on the UK to take early, decisive action to adapt to the impacts of climate change. It offers a glimpse of what is to come, and stresses the importance of the government and the private sector working together to ensure that vital infrastructure and services are prepared for climate impacts.

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01MAR
2013
Report: Toronto Environment Office: "Toronto’s Future Weather and Climate Driver Study"
Category: Latest News, Financial Services, Government & Policy, Manufacturing

The study, published last autumn by the Toronto Environment Office explains how increasingly extreme weather events and changes in climate variability are expected to have a significant impact on both new and existing infrastructure developments. The report examined the effect that climate change will have by mid century, and finds that the city’s infrastructure is unlikely to cope unless adaptation measures are put in place.

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29JAN
2013
Report: CDP: "Reducing risk and driving business value"
Category: Agribusiness & Forestry, Latest News, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

In 2012, the Carbon Disclosure Project (CDP) conducted its fifth annual information request for member companies and their suppliers. Companies that responded indicated that they are more aware than ever of the considerable risks that climate change poses to their global supply chains.

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15JAN
2013
Report: World Economic Forum: Global Risks Report 2013
Category: Agribusiness & Forestry, Latest News, Defence & Security, Features, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, International Development, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

More than 1000 experts taking part in the World Economic Forum’s (WEF) annual risk report concluded that the interplay between the top five risks of widening income gap between rich and poor, high government deficits, climate change, water shortages and aging populations could pose a dangerous cocktail for global economic and social stability.

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12NOV
2012
Report: Climate Institute: "Coming Ready or Not: Managing climate risks to Australia’s infrastructure"
Category: Latest News, Energy, Financial Services, Government & Policy, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

This new report from the Climate Institute, “Coming Ready or Not: Managing climate risks to Australia’s infrastructure” synthesises recent research on the physical impacts of climate change on major infrastructure, such as electricity networks, rail and road, property and water supply.

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19SEP
2012
Report: CDP: 'Business resilience in an uncertain, resource-constrained world'
Category: Agribusiness & Forestry, Latest News, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

The Global 500 report surveyed the world’s largest public corporations, on behalf of 655 institutional investors that control over US$78 trillion in assets, and asked them to report on their climate risk and adaptation strategies. After the hottest summer on record in the US, wildfires across Russia and severe flooding in the UK, Japan and Thailand; 81% of reporting companies identify physical risk from climate change with 37% perceiving these risks as a ‘real and present danger’ to their businesses, up from just 10% in 2010.

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31JUL
2012
Report: Oxfam UK: Climate Change Risks and Supply Chain Responsibility
Category: Latest News, Manufacturing, Retail & Supply Chains

The Climate Change Risks and Supply Chain Responsibility report, explores the experiences of three companies: Marks & Spencer, Starbucks and The Body Shop, exploring how the growers of some of their key raw materials cotton, coffee and sesame oil have been affected by climate change.

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11JUN
2012
Report: Calvert Investments, Ceres and Oxfam America "Physical risks from climate change: A guide for companies and investors on disclosure and management of climate impacts
Category: Latest News, Energy, Financial Services, Government & Policy, Health & Pharmaceuticals, Manufacturing, Oil, Gas & Extractives, Retail & Supply Chains, Tourism, Transport & Communications, Water & Sanitation

It is unsurprising that as climate risk becomes an increasingly important factor in investment decisions, calls for companies to disclose their climate risk exposure and management strategies are growing. Part of the problem has been establishing blueprint that businesses can use to ensure they collect and disclose the right information. A new report released last week by Calvert Investments, Ceres and Oxfam America seeks to address this issue, providing a practical guide on disclosing climate risk.

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