Category: 2019 top picks

2019 picks from the Acclimatise article archive – Climate impacts and extreme events

2019 picks from the Acclimatise article archive – Climate impacts and extreme events

By Acclimatise News

Our sixth and final article of top picks from our 2019 article archive features six articles related to climate impacts and extreme events.

Scientists have been saying it for a while – weather events are likely to grow more extreme as the climate changes. In fact, there is evidence that the frequency of some types of extremes have changed – particularly warm temperatures and heavy rainfall events. Extreme weather events have severe impacts on society and ecosystems in our current climate, posing significant disruption to the lives of the poor through the disruption of food availability, displacement, and associated health risks. 

To strengthen resilience and better recover from extreme weather events, it is important that vulnerable areas take the proper steps in adopting adaptation measures and building climate resilience. For over fifteen years, Acclimatise has provided world-leading advisory services, helping corporates, investors and governments integrate climate change risk into their business processes and build resilience.  

This New Climate – Episode 2: Running dry – Dealing with water scarcity

By Acclimatise News

In the second episode of This New Climate, host Will Bugler explores why it is so difficult to manage water resources and presents Water2Invest – a new tool that helps decision makers make smarter choices about managing water supply and demand. Water2Invest, aims to help decision makers to take the right choices when investing in solutions to tackle water scarcity, potentially providing a powerful new tool to help tackle this crisis.

Listen to the podcast here.

Asia’s water supplies threatened by melting glaciers

By Acclimatise News

The ‘third pole’, encompassing the Himalaya-Hindu Kush mountain range and the Tibetan Plateau, is the planet’s largest reservoir of ice and snow after the Arctic and Antarctic. In recent decades, this vital area has faced increasing risk from climate change. For the past 50 years, glaciers in the Himalayas and the Tibetan Plateau have been shrinking with the Tian mountains having already lost one quarter of their mass.

Read the full article here.

Climate change to cause havoc with Mediterranean water resources says European Commission

By Acclimatise News

The Mediterranean will face mounting challenges to manage its water supplies as climate change drives droughts and floods according to a report by the European Commission. The report, which focusses on the effects of 2˚C of warming, indicates that there is likely to be a divide between central and northern Europe, which can expect more rainfall overall, and the Mediterranean which will suffer drought.

Read the full article here.

From droughts to floods: the cost of climate change for India continues to mount

By Devika Singh

India is one of the most climate vulnerable countries on Earth. A land of such diverse topography and microclimates, it is exposed to a wide spectrum of climate risks. The seemingly endless oscillation from extreme heat and drought to extreme rain and floods, has left the country counting the cost of climate change in lost lives, livelihoods and in dollars.

Read the full article here.

The flooding emergency in Northern England is a policy failure not a freak of nature

By Will Bugler

In 2012, Acclimatise led the work for part of the UK Government’s own Climate Change Risk Assessment and identified flooding as a top risk for each of the sectors analysed in the report. Five years later in 2017, the UK Climate Change Risk Assessment Evidence Report presented evidence that climate change may lead to increased risks from flooding. Despite these repeated warning, government action on flooding has been piecemeal.

Read the full article here.

More than half the world could see ‘record-setting heat’ every year by 2100

By Sophie Turner

Research published in 2019 in the journal Nature Climate Change suggests that more than half of the world could see new temperature records set in every single year by the end of the century if global gas emissions are not reduced. These findings reinforce the need to reduce greenhouse gas emissions and the importance of adapting to and preparing for unprecedented temperatures over the coming decades.

Read the full article here.


2019 picks from the Acclimatise article archive – Food & Agriculture

2019 picks from the Acclimatise article archive – Food & Agriculture

Our fifth article of top picks from our 2019 article archive features four articles related to climate impacts on food and agriculture. Additionally, we have featured a fifth article pick that further explains the complex climate-conflict narrative.

The agricultural sector remains highly vulnerable to climate change impacts and has a direct implication on global security. In fact, climate change can disrupt food availability, reduce access to food, and affect production quality due to variations in precipitation patterns and extreme weather events. Further perpetuating the urgency of the matter, this heavy impact on food production comes at a time when there is increasing pressure from population and consumption growth.

To strengthen resilience and better manage climate shocks within the agricultural sector, adaptation remains vital. The agriculture sector must become better-suited to handle the challenges of a changing climate by sustainability increasing agricultural productivity whilst helping food systems adapt and build their resilience. Acclimatise has been and remains heavily involved in identifying the agricultural risks certain locations face, whilst providing a multitude of options in the reduction of climate change vulnerability and the enhancement of adaptive capacity.

India is waking up and smelling the coffee when it comes to climate change

By Devika Singh

Coffee has been fuelling our energy levels, productivity and the global economy for over 500 years now and remains one of the most valuable agricultural commodities traded internationally. However, coffee is a climate-sensitive crop. With falling coffee prices, increasing costs of production, changing climatic patterns, and the low profitability for producers, coffee production is becoming increasingly unprofitable.

Read the full here.

This New Climate – Episode 6: Sharing supply chain risk – Everyone’s a WINnER?

By Acclimatise News

In the sixth episode of This New Climate, host Will Bugler takes a deep dive into the intricate network of suppliers, traders and retailers that make up the food supply network. This episode explores how the risks of climate change are being disproportionately shouldered by smallholder famers, and presents an innovative project called WINnERS, that has helped farmers in Tanzania to share the cost of climate change more evenly across the supply chain.

Listen to the podcast here.

This New Climate – Episode 5: Climate change and the 4th agricultural revolution

By Acclimatise News

In the fifth episode of This New Climate, host Will Bugler explores a suite of innovations promoted by EIT Climate-KIC through their Climate Smart Agriculture Booster that are helping farmers to adapt to climate change while shedding light on how European farmers have suffered under recent drought conditions.

Listen to the podcast here.

Climate change adding to pressure on land threatening global food security finds landmark IPCC report

By Will Bugler

Climate change is undermining human’s ability to provide enough food as pressures on soils mount. At the same time, poor land use practices are increasing global greenhouse gas emissions driving climate change and making adaptation and resilience efforts more difficult. This stark warning comes from the Intergovernmental Panel on Climate Change’s (IPCC) Special Report on Climate Change and Land, released in August 2019.

Read the full article here.

Climate Wars: A Review on the Complex Climate-Conflict Narrative

By Erin Owain

Remarkable progress has since been made in the understanding of the climate-conflict nexus due to advancements in data availability, quality and analysis. But despite such developments, a recently published article reviewing the climate-conflict literature concluded that there still exists “a failure to converse on a single narrative”.

Read the full article here.


2019 picks from the Acclimatise article archive – Financial Services

2019 picks from the Acclimatise article archive – Financial Services

The start of a new year is a time for setting new resolutions for the year ahead, whilst giving consideration to moments that shaped us over the past year. With that spirit of reflection in mind, we sifted through our network’s article archive and selected some of our favourites from the past year. We’ve sorted our favourite articles by topic, to make up a six-part series throughout the month of January.

We kick off with six articles related to climate adaptation for the financial services sector. 2019 was another important year of progress with momentum continuing to grow behind the recommendations of the Taskforce on Climate-related Financial Disclosure (TCFD). The noises from central banks including Bank of England Governor, Mark Carney, indicate that they are prepared to take further action, if banks and investors are perceived to be dragging their heals on the issue. The Bank of England and the French financial regulator have both indicated that they will begin climate stress testing of banks this year.

In the meantime, there remains a need for more standardisation of approaches for climate risk disclosure in the industry. Acclimatise continues to work with leading banks and investors to develop methodologies to help them understand, measure and manage the physical climate risks to their loan portfolios and investments.

Advancing climate-related financial risk discourse in the financial sector

By Laura Canevari

The financial sector must play a fundamental role in the transition to a low carbon and climate-resilient future. To do this, there is a need for a systemic shift in the way the financial system operates and in the way investment decisions are made. Through the release of the TCFD Recommendations in 2017, financial institutions, along with corporates, have been given a robust compass with which to navigate climate disclosures.

Read the full article here.

Bank of the England plans to test climate resilience of UK banks

By Acclimatise news

Mark Carney, governor of the Bank of England, said the central bank has plans to include the impact of climate change in its UK bank stress tests. Since 2017, the Bank of England assesses on a yearly basis how well the UK’s biggest lenders could withstand a shock without needing a bailout from taxpayers. This announcement comes after a survey completed by the Bank of England in 2018 showed that only 10% of banks were considering their long-term climate change risks.

Read the full article here.

Climate change adaptation is the “biggest investment opportunity of this generation,” says new UNEP FI report

By Will Bugler

In September 2019, the UNEP Finance Initiative launched a technical background paper on adaptation finance, identifying barriers and opportunities for scaling up financing for climate change adaptation and resilience building. The paper, ‘Driving Finance Today for the Climate Resilient Society of Tomorrow’ refers to adaptation as “the biggest investment opportunity of this generation’.

Read the full article here.

Investor portfolios failing to account for climate risk says BlackRock

By Acclimatise News

A report by the BlackRock Institute accuses investors of under-pricing the impact of climate-related risks and advises a restructuring of assessments of asset vulnerabilities. The report, ‘Getting physical: Scenario analysis for assessing climate risk’ marks an important next step.

Read the full article here.

Climate poses direct risk to real estate investment says ULI report

By Will Bugler

In a recent published just last year, the Urban Land Institute and real-estate investment management firm Heitman assess the potential impacts of climate change on real estate assets and give some direction as to what investment managers and institutional investors might do to understand and reduce their climate risk disclosure.

Read the full article here.

COP 25 signals public and private sectors coming together to green the financial system

By Caroline Fouvet

Multiple side events involving green finance emerged at the 2019 UNFCCC climate negotiations this past year. One common thread was the importance of collaboration between public sector-led efforts and financial institutions’ (FIs) initiatives to build a sustainable low-carbon and climate resilient financial system.

Read the full article here.