The government has admitted that its efforts to insulate the UK from climate change impacts have been inadequate. The costs of climate change to Britain are “high and increasing”, it says, and could reach many billions of pounds a year. Ministers say they’ll have to go much further and faster to curb the worst impacts. It means climate change must be built into all long-term decisions, such as new housing or infrastructure. The aim should be to avoid costly remedial actions in the future. The government has also accepted that it must consider low-probability but high-impact events arising from a heating climate. The report is a response to an analysis of the UK’s vulnerability to climate change by the official advisers, the Climate Change Committee.
BBC 17th Jan 2022 read more »
The UK Government is forecasting that, without better plans to improve climate resilience, billions of pounds will be wiped off of national GDP in the coming decades, with the costs of inaction set to outweigh the cost of action by 2045. The forecast is a headline finding of the UK’s Third Climate Change Risk Assessment, which has been published today (17 January) by the Department for Food, the Environment and Rural Affairs (Defra). Building on the forecasting and advice on climate risks and resilience published by the Government’s advisors, the Climate Change Committee, last June, the new report assesses dozens of risks the UK could face due to the global temperature increase and related changing weather patterns through to 2050 and 2080. It outlines likely risks in two warming scenarios of 2C and 4C. For eight of the risks assessed, economic damages will exceed £1bn each year by 2050, even if warming is limited to 2C. A further 36 risks will bear annual When all risks are assessed, the total hit is likely to be at least 1% of GDP in a 2C scenario.
Edie 17th Jan 2022 read more »
Guardian 17th Jan 2022 read more »
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Times 17th Jan 2022 read more »