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« Giga Programs and Development | Main | Helpful Reviews of the Global PPP Literature »

April 30, 2009

Sea Level Rise: Implications for Construction, Investment, Insurance

Led by the Heinz Center and CERES, a coalition of insurance, government, environmental, and investment organizations released a report, Resilient Coasts: A Blueprint for Action that listed steps the nation can take to drastically reduce rising coastal hazard risks and their associated economic impacts.

The report identifies a set of Resilient Coast Principles:
  • Identify and fill critical gaps in scientific understanding and develop the tools and methodologies necessary for incorporating climate change into risk assessments and risk mitigation decisions.
  • Require risk-based land use planning.
  • Design adaptable infrastructure and building code standards to meet future risk.
  • Strengthen ecosystems as part of a risk mitigation strategy.
  • Develop flexible adaptation plans.
  • Maintain a viable private property and casualty insurance market.
  • Integrate climate change impacts into due diligence for investment and lending.

Posted by rjorr at April 30, 2009 4:04 PM