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NGFS publish their guidance on scenario analysis for central banks and supervisors
By Laura Canevari The Network for Greening the Financial System (NGFS) has released a set of high level and harmonised Reference Scenarios in June, 2020. Central banks and supervisors have the responsibility to prepare for the potential impacts from climate change. Yet, there are great uncertainties regarding what climate change impacts may look like in…
Climate Financial Risk Forum releases ground-breaking guide for financial firms
By Robin Hamaker-Taylor and Georgina Wade On 29 June 2020, the UK’s Climate Financial Risk Forum (CFRF), co-chaired by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), published their guide to climate-related financial risk management. The guide draws on good practice examples from industry as well as guidelines set by relevant and…
Delivering a virtual training course on GCF project requirements in Belize
Acclimatise’s Climate Finance team, in partnership with the Caribbean Community Climate Change Center (CCCCC), has designed and launched a five-week virtual training course on GCF project requirements as part of Belize’s Green Climate Fund (GCF) Readiness 2 Support – “Building Capacity for Direct Access to Climate Finance”. One of the objectives of this Readiness support…
Video: Introducing Acclimatise’s Special guidance report ‘Understanding Physical Climate Risks and Opportunities’
Acclimatise’s special guidance report “Understanding Physical Climate Risks and Opportunities” is designed to help investors assess physical climate risk assessments to their portfolios. Developed with the Institutional Investors Group on Climate Change (IIGCC), the guidance collates good practice for physical risk assessments across the stages of a typical risk assessment process. The guidance was published…
Top 5 considerations for climate-related corporate governance released in new analysis
MinterEllison, a commercial law firm in the Asia-Pacific, has published new analysis which indicates that companies have not been prioritising their surveillance of their climate change risk disclosures. In their analysis of annual reports for the 2019 financial year, MinterEllison found that only 21 (7%) of ASX300 companies had ‘meaningful’ climate change risk disclosures, compared…
Acclimatise is hiring
At Acclimatise we actively encourage our talented staff to innovate and evolve their roles. With great personal support and opportunities to grow across every field of work we’re involved in. Acclimatise is a thriving, friendly and enjoyable place to be. We believe that we all must do more to prepare for a climate that is…
UCCRTF supports a water resources study for New Clark City
New Clark City (NCC), an upcoming mixed-use township managed by the Bases Conversion and Development Authority (BCDA), is being developed with the vision of becoming a leading example of an environmentally sustainable, smart, and disaster-resilient city. To realize this ambition, efficient and sustainable use of water resources is key. To this end, a Water Resources…
Ten ways to support climate change adaptation planning and decision-making
This brief provides targeted recommendations for co-designing actionable and user-focused climate services. By this, the authors mean processes in which climate researchers and consultants work collaboratively with planners and other practitioners to develop climate information that supports adaptation planning and decision-making. The authors focus specifically on various means to enhance this collaboration. Thus, this brief…
Sea level rise: three visions of a future summer holiday at the coast
By Nick Davies and David Jarratt The COVID-19 pandemic will ensure summer 2020 is a washout for most. With international travel restrictions limiting holidays abroad, many people in the UK have opted to stay somewhere closer to home. As a result, there have been remarkable increases in the number of visitors to beaches across the UK. Thousands…
The state of UCCRTF-supported cities during the pandemic
The COVID-19 outbreak has dramatically changed the shape of daily life in cities around the world. The cities in which the Urban Climate Change Resilience Trust Fund (UCCRTF) operates are no exception. Economic activity has slowed considerably during lockdown and the planning and construction of infrastructure projects face delays as municipal governments tackle the immediate…
Meet the Acclimatise Team ft. Will Bugler
What is your role at Acclimatise? What does a typical workday look life for you? I manage Acclimatise’s work on communicating climate risk and resilience. We’re one of the very few climate change consulting firms that specialises in communicating risk, so I feel really fortunate to be able to work alongside colleagues with such varied…
Rising heat affects Europe’s floods and droughts
By Tim Radford Patterns of Europe’s floods and droughts are starting to change: each could be more extreme, and far likelier with rising heat. Climate change has begun to affect the pattern of Europe’s floods. The past three decades have seen “exceptional” flooding, say Austrian scientists who have worked their way through documentary records for the…
NGFS publish their guidance on scenario analysis for central banks and supervisors
By Laura Canevari The Network for Greening the Financial System (NGFS) has released a set of high level and harmonised Reference Scenarios in June, 2020. Central banks and supervisors have the responsibility to prepare for the potential impacts from climate change. Yet, there are great uncertainties regarding what climate change impacts may look like in…
NEW GUIDANCE: Nine questions that Non-Executive Directors should ask boards today
Acclimatise and Asia-Pacific’s largest law firm, Minter Ellison, are pleased to launch new guidance to assist Non-Executive Directors (NEDs) exercise oversight of corporate action on physical climate risk management. This guidance, prepared for the global Directors’ climate forum, Chapter Zero, brings leading physical risk and legal expertise to bear on an issue that represents one…