This is a place for businesses and researchers to see current topics through the lens of climate change adaptation. Climate change presents businesses with a broad array of risks and opportunities. As the increase of extreme events manifests the world is witnessing how changes in climate (and associated responses) in one location can send ripples through businesses throughout the world. Whether it is flooding in Bangkok affecting sales of vehicles in Australia or a Superstorm in the US increasing the share price of those manufacturing generators, it is evident that a combination of complex systems has far reaching economic ramifications.
It could be argued that the past year may be heralded as a tipping point for the investment community’s awareness of climate change impacts. The building blocks of corporate risk awareness actually arrived a little before 2012. For example the US Securities and Exchange Commission (SEC) recognising the issue and in 2010 released a guide for disclosing information related to climate change.