New Zealand earthquake

Who Will Pay For Climate Change Consequences?

By: Gary Lawrence, Vice President and Chief Sustainability Officer at AECOM
Article

A number of initiatives, including the United Nations International Strategy for Disaster Recovery and the University of Notre Dame Global Adaptation Index, have been developing models to assess climate risk at various scales.  The Organization for Economic Co-operation and Development has been trying to put numbers on the cost of adaptation. The journal Nature Climate Change recently published a paper entitled “Future Flood Losses in Major Coastal Cities” full of some very sobering numbers.

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