The UK’s Climate Change Committee, the independent statutory body that advises government and reports to Parliament, has warned that that climate impacts are escalating faster than the country’s ability to cope with them. It has published its latest assessment of the UK’s climate adaptation and readiness, suggesting that costs on businesses will rise if adaptation to heat, flooding and drought is not enhanced.

The report sets out a stark picture of rising flood, heat and infrastructure risks across the UK, concluding that climate change is already imposing material costs on households, businesses and the financial system, with impacts expected to intensify without a step change in adaptation.


See the next issue of CIR Magazine for more on this report.

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