The number of uninsurable properties in Australia is projected to double to 720,000 or one in 20 by the end of the century if the escalating risk from extreme weather events and climate change are not addressed. That’s the conclusion of new analysis by Climate Risk.
Climate Risk’s clients include government, banks and other key players in the insurance and finance industry
Spokespeople available to comment on this story:
Cr Jess Miller, City of Sydney – Former Deputy Lord Mayor of Sydney and current councillor. Jess brought a motion for a NSW state climate risk framework at last week’s Local Government NSW conference, and can talk to the risk exposure local governments are facing from this data.
David Craven, Cities Power Partnership – can talk about what this data means for local governments, and the need for regional communities to develop urgent climate adaptation and mitigation strategies to support residents to manage their climate risk.
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