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Anticipating climate change risks, costs and opportunities for infrastructure
A conference for asset owners and shareholders
21 June 2007
Graduate House, University of Melbourne
- Themes
- Program chair
- Program
Themes
- Identifying the climate change risks – regulator, physical, social and environmental
- Integrating climate change impacts into risk management and other strategic planning activities
- Climate change risk assessments for sectors
- Identifying opportunities
Program chair
Professor Priyan Mendis, University of Melbourne
Program
9:00 |
Welcome
Prof Priyan Mendis, Convener, Research Network for a Secure Australia |
9:10 |
The big picture with climate change and infrastructure
Dr John Marsden, Marsden Jacob Associates, contributing author of the Greenhouse Office’s Climate Change Impacts & Risk Management - A Guide for Business and Government
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| 9:25 |
Risks and infrastructure - PowerPoint
PDF and Podcast
- Risk - What is it?
- Whole of infrastructure business risks
- Valuing and comparing risks
- The comparative rise in importance of climate risk
- Greenhouse gas generation and infrastructure projects
Roger Byrne, International Manager - GHD Asset Management Group |
10:00 |
Identifying the impacts of climate change on infrastructure
Identification of likely climatic changes relevant to infrastructure planning, such as:
- increased temperatures
- increased sea level
- changes to rainfall and water availability
Paul Holper, CSIRO Manager of the Australian Climate Change Science Program and co-author of Infrastructure and Climate Change: Risk Assessment for Victoria (May 2007), the first Australian study examining the potential risks to a range of infrastructure types. Podcast
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10:40 |
Break |
11:00 |
Assessing climate change risks – A finance sector perspective - PowerPoint PDF and Podcast
- Physical and regulatory risks
- Dealing with regulatory uncertainty
- Differences in markets, eg European versus Australia
- The need for climate change risk disclosure - Expectations in Australia and internationally
Dr Ian Woods, Sustainable Alpha Funds Team, AMP Capital Investors. |
11:45 |
Applying 4360 to managing the risks of climate change - PowerPoint PDF and Podcast
- Climate change risk management framework
- Conducting an assessment
- Addressing uncertainty and sensitivity
- Integration with existing risk management practices
Peter Kinrade, Marsden Jacob Associates, contributing author of the Greenhouse Office’s Climate Change Impacts & Risk Management - A Guide for Business and Government |
12:30 |
Lunch |
1:30 |
Assesments of impacts of climate change on Australia's physical infrastructure - PowerPoint PDF and Podcast
Prof. Len Stevens, Department of Civil and Environmental Engineering, University of Melbourne |
2:05 |
Climate Change and Infrastructure - PowerPoint PDF and Podcast
Michael Nolan, Principal Consultant - Sustainability, Maunsell Australia and co-author Infrastructure and Climate Change Risk Assessment for Victoria (May 2007). |
2:40 |
Developments in contracts, compensation and development approvals - PowerPoint PDF and Podcast
- Contract clauses and variations due to climate change
- Compensation for loss of value due to climate change
- Changes in development approvals due to climate change Implications for investors, councils and the community
Louise Hicks, Partner, DLA Phillips Fox |
3:20 |
Break |
3:40 |
Business in a (Climate) Changing World - PowerPoint PDF and Podcast
- The evolving need for new products under climate change
- Leveraging assets and infrastructure for commercial opportunity
- Impacts of climate change on property markets
- Impacts of climate change on insurance
Dr Karl Mallon, Scientific and Technical Director, Climate Risk Pty Ltd. Climate Risk provides specialist climate change risk analysis for government and the private sector. |
4:20 |
Panel on the demand for climate change risks to be factored into infrastructure decisions
The panel will address the question “What groups will contribute to pressure for climate change to be factored into infrastructure decisions, and how will they apply it?”
- Kenneth Davidson, Business Staff Columnist, The Age, and Co-Editor, D!SSENT
- Adjunct Professor David Hood, Department Built Environment & Engineering, Queensland University of Technology
- Ivan Donaldson, Executive Director, Australian Building Codes Board
- Dr Don Fry AO, Chairman AIMTEK and representative of Society for Sustainability and Environmental Engineering
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4:50 |
Close |
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