Assessing Climate Change Threats and Opportunities
Rob Hounsome, Leader, Sustainability Services
COP17 Summit Edition of Climate Change: The New Economy
Dec 13, 2011
In the face of climate change vulnerability and risks, businesses and cities around the globe are becoming more keenly focused on developing effective adaptation strategies. More extreme weather events, decreased food security, an increase in water scarcity due to changed rainfall patterns, a rise in sea levels - all of these impacts and others are compelling corporations and communities to find sustainable ways to cope with these shifts. In order to respond proactively, both private and public sectors need to determine the climate-related threatsmost pressing to their operations. They need to be adept at measuring and reporting on climate risk. And, along with identifying threats, they are wise to look at what opportunities, or positive effects, can be created from climate change and capitalised upon. Both threats and opportunities can be factored into decision-making or operational practices, to ensure that resources are effectively allocated to enhance sustainability.
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View this article (pages 22-23) within the full COP17 Summit edition of CLIMATE CHANGE The New Economy.