By Kieron L Jones, on 31 January 2012
The policy discourse on climate change has tended to focus primarily on mitigation in order to reduce carbon emissions and minimise a global temperature rise. However, with growing evidence pointing to a likely global average temperature rise of more than 2ºC, possibly within decades, it is apparent that future efforts also need to focus much more seriously on adapting to the effects of climate change that are now inevitable.
This event will consider the financial risks associated with climate change adaptation, or the lack thereof. It will address potential scenarios of climate change and adaptation, and explore the degree of awareness among business leaders and policymakers of the risks presented by a changing climate.
Through a particular focus on water, the event will address some of the specific financial risks of climate change in more depth. It will investigate the financial and business risks of both flood and drought, including the challenges facing the continued operation of business, and increasing and unpredictable insurance exposure to such risks.
The event will also reflect upon the actions that businesses will need to take in order to adapt to changed circumstances brought about by climate change, and the role of policymakers in mitigating the associated risks and establishing the appropriate policy frameworks.
Rob Bailey, Senior Research Fellow for Energy, Environment & Resource Governance, Chatham House
Dr Sarah Bell, UCL Civil, Environmental & Geomatic Engineering
Darius Campbell, Head of Climate Change Adaptation and Mitigation, DEFRA
Dr Julien Harou, UCL Civil, Environmental & Geomatic Engineering
Lisa Horrocks, Project Director for Climate Change Impacts and Adaptation, AET Technology
Professor Bill McGuire, Professor of Geophysical & Climate Hazards, Aon Benfield UCL Hazard Centre
Bill Peck, Head of Corporate Planning, Aon
Bob Piggott, Head of Group Contingency Risk, HSBC
The event will be chaired by Julian O’Halloran, BBC.
Organised by UCL Public Policy in conjunction with Aon
5pm, 1 March 2012
Gustave Tuck Lecture Theatre
Followed by a drinks reception in the South Cloisters, Wilkins Building, UCL
To register for this event or to read more about UCL Public Policy, please see our website.