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    • Government sets out massive costs of climate crisis
     
    January 19, 2022

    Government sets out massive costs of climate crisis

    NewsWater

    This report outlines the UK government and devolved administrations’ position on the key climate change risks and opportunities that the UK faces today.

    As required by the Climate Change Act 2008, the UK government has undertaken the third five-year assessment of the risks of climate change on the UK. This is based on the Independent Assessment of UK Climate Risk, the statutory advice provided by the Climate Change Committee (CCC), commissioned by the UK government and devolved administrations.

    The risk assessment considers sixty-one UK-wide climate risks and opportunities cutting across multiple sectors of the economy and prioritises the following eight risk areas for action in the next two years:

    • risks to the viability and diversity of terrestrial and freshwater habitats and species from multiple hazards
    • risks to soil health from increased flooding and drought
    • risks to natural carbon stores and sequestration from multiple hazards
    • risks to crops, livestock and commercial trees from multiple climate hazards
    • risks to supply of food, goods and vital services due to climate-related collapse of supply chains and distribution networks
    • risks to people and the economy from climate-related failure of the power system
    • risks to human health, wellbeing and productivity from increased exposure to heat in homes and other buildings
    • multiple risks to the UK from climate change impacts overseas

    Covered in the Guardian

    Climate crisis could wipe 1% a year off UK economy by 2045, say ministers

    Global heating of 2C would cause billions in damage each year by 2050, according to risk assessment

    Read more.

    Tagged: Adaptation, climate change, Risk

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