Parsyl’s Post

Recent weather events – including the Auckland floods and Cyclone Gabrielle in 2023 – have highlighted the need for organisations to prepare for and mitigate the effects of climate change, including reducing their greenhouse gas emissions. In our latest blog post, Technical Auditing and Accounting Manager Sagar Adhau discusses the implications of climate change in financial reporting: https://lnkd.in/gs5DmSvj

In the latest edition of Climate Corner, Natalie Ambrosio Preudhomme examines how states vulnerable to climate hazards are tackling the challenges faced by properties, along with the associated insurance costs necessary for maintaining a robust and resilient commercial real estate sector: https://lnkd.in/e_u3NdXU

EU, now Australia, US reports pending. Financial resilience to climate change will be the most important climate discussion in 2024, except of course the weather. #climaterisk #climatefinance #climateaction #severeweather #climatepolicy https://lnkd.in/eiet6SKA

What is climate resilience? 🤔💭 Mariam Parekhelashvili, expert at United Nations University - Institute for Environment and Human Security (UNU-EHS) & Munich Climate Insurance Initiative, tells us in this #Riskepedia video 📽️. Get familiar with other key terms in this publication: https://lnkd.in/eeYZ6rbF

Is your Physical Climate Risk material for your shareholders? You can answer this question in minutes. No need for expensive consultants to meet the US SEC climate disclosure requirement. We at One Concern can help you not just meet your Physical Climate risk SEC disclosure requirements, but also to help identify and quantify the specific mitigation and preparedness actions that turn material risks into immaterial ones. #USSEC #ClimateRiskDisclosure #climaterisk #sustainability #riskmanagement #materiality

RCAP has developed, with our partners Pacific Institute and LiKEN, an overview of free webtools on climate change risk and impact on communities and water utilities and ways to equitably build resilience. Find tools that suit the needs of your community or project: https://ow.ly/GHnM50Qsab0

Did you miss the webinar on Climate Change from a Prevention Perspective by the PTTC Implementation Science Workgroup? If so, check out the new website page with valuable tools and resources for substance misuse prevention practitioners: https://lnkd.in/gX9GvC7s #climatechange #PreventionWorks

Water management holds the key to climate adaptation. Around 69% of the insurable impact of climate change is felt through the water cycle, according to our recent white paper report. Our forecast suggests that we can expect $1.8 trillion in global insurance losses to water-related events over the next 10 years. How did we reach this conclusion? What other conclusions have we made? And most importantly, what can we do about it? Read the report, published in partnership with XPV Water Partners, to find out: https://lnkd.in/eaeRymdD #watersecurity #watermanagement #climatechange

What do construction of a large-scale wind project and production of vegan leather have in common? Both are examples of what Chubb has underwritten lately. By taking on a wide range of risks with a full spectrum of solutions, we’re enabling climate change progress around the world and helping businesses scale to meet their growth and needs. Find out more about Chubb Climate+ in North America: https://lnkd.in/e__USpjA

This sends a clear message. We can expect huge cost if failing with water management. Estimated global insurance cost of $1.8 trillion coming 10 years. Anyone else who thinks this money would be better spend on prevention and dedicated water management, rather than transfers for damage control? It´s time for European Commission to launch #WaterResilienceInitiative Times running and lack of actions will be expensive. The cost and burden is than transfered to property owners, farmers, industry, critical infrastracture and ordinary people. Global Water Intelligence (GWI) EurEau