Making the Business Case for Adaptation

1. Making the Business Case for Adaptation Analysis of costs and financial drivers for making a more resilient built environment [Presenters name] [Meeting name] [Date]

2. Making the business case for adaptation Presentation contents Overview of training modules available in the series Risks and examples of climate impacts in the built environment Headlines from ‘Designing and Renovating Buildings’ chapter, ASC 2nd progress report Example costs for adaptation measures in individual buildings Climate Change Adaptation in the UK Built Environment (guidance)

3. Making the business case for adaptation Other training modules in the series Statutory drivers for adaptation Making the business case for adaptation Green Infrastructure as an adaptation response How developments and buildings can be adapted so that they are resilient to climate change and extreme weather Addressing weather and climate risks through neighbourhood planning Achieving resilience to climate risks through local plans and supplementary planning guidance

4. Making the business case for adaptation UK Climate Change Risk Assessment: Built Environment Building temperature control Subsidence Flooding Water stress

5. Making the business case for adaptation “More than 20,000 people died after a record-breaking heatwave left Europe sweltering in August 2003”. Heatwave 2003 2000 excess deaths due to heat in the UK Temperature of 39 ‘C was recorded in Brogdale in Kent on 10 August 2003 Speed limits imposed by network rail due to risk of track buckling Tourism; London Eye closed one day as cabins became too hot It is thought to have cost European farming €13.1 billion from death of livestock Damflask Reservoir, Yorkshire Water

6. Making the business case for adaptation “Broad-scale estimates made shortly after the floods put the total losses at about £4 billion, of which insurable losses were reported to be about £3 billion.”. Flooding 2007 £1.2bn domestic claims £1bn cost to business £330m power and utilities £287m public health costs £230m communications (incl roads) £50m damage to agriculture 400,000 school days lost

7. Making the business case for adaptation Early fears of drought turned to record breaking rainfall. 2012 Weather Extremes, from drought to floods A dry start to the year lead to hosepipe bans in some areas A warm and dry March gave way to the wettest April – June period on record The total UK rainfall in June was twice the 1971 – 2000 average Extreme rainfall event ‘Thunder Thursday’ in the North East caused £8m in damage 8000 properties were flooded in 2012

8. Making the business case for adaptation Designing and renovating buildings “Buildings are a priority area for adaptation, because decisions concerning design, construction and renovation are long lasting and may be costly to reverse”. • Buildings already vulnerable to flood, storms, overheating, subsidence • Plumbing, domestic appliances and occupant behaviour influence water demand • Rising temperatures may make buildings more uncomfortable • More extreme weather events may expose occupants to greater risk

9. Making the business case for adaptation Identifying low regret ‘property level’ adaptation measures Case study areas - South East and the Aire Valley in Yorkshire & Humber considered: water stress - heat stress - flooding Cost benefit analysis for adaptation is significantly more challenging due to: The methodology focused on: Low regret measures that perform well against a range of climate scenarios The benefit of individual measures to enable comparison between options

10. Making the business case for adaptation Water efficient measures analysed

11. Making the business case for adaptation Flood resistant and resilient measures analysed

12. Making the business case for adaptation Passive cooling measures analysed

13. Making the business case for adaptation Climate Change Adaptation in the UK Built Environment New guidance for those working in the built environment sector, including planners, developers and designers on: How to assess and communicate the business case for climate change adaption in the built environment, and How to achieve developments which are resilient to the effects of a changing climate. Oxford University Press, Oxford – Hoare Lea The guidance comprises short “How to” guides built around a four stage risk assessment process

14. Making the business case for adaptation Developing an effective business case Early identification and prioritisation of climate risks Assess and address climate risks early to facilitate ‘no regret’ / ‘low regret’ adaptation Design in ‘adaptive capacity’ - where climate risks are uncertain or long term There are 3 key principles that are critical to developing an effective business case for climate change adaptation in the built environment:

15. Making the business case for adaptation References UK Climate Change Risk Assessment, DEFRA MET Office, Education The costs of the summer 2007 floods in England, Environment Agency Adaptation Sub Committee (ASC) 2nd progress report 2011 Climate Change Adaptation in the UK Built Environment, Climate Ready

16. Making the business case for adaptation Contact details [Name] [Phone] [Email] [Web]