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Analysis: Evidence for climate extremes, costs, gets more local

Source(s): Thomson Reuters
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"One of the ironies of climate change is that we have more papers published on the costs of climate change in 2100 than we have published on the costs today. I think that is ridiculous," said Myles Allen, head of climate research at Oxford University's Environmental Change Institute in an interview with Reuters.

He added that the current costs cannot be calculated without being able to make the link to extreme weather, and another issue is who is going to pay these costs. Finally he said:

"Everybody who needs to make decisions about the future - things like building codes, infrastructure planning, insurance - can take advantage of the fact that the risks are changing but we have a lot of influence over what those risks are."

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Themes Climate change Insurance and risk transfer Governance Structural safety
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