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The True Cost of Climate Change

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What is the true cost of climate change, its impact for corporations and the mitigation options? During their presentation, Nishtha Manocha and Qinyu Goh delved into the financial and operational risks of climate change on private infrastructure assets. They showcased a data-driven approach that equips asset owners and managers with actionable insights to navigate these challenges effectively
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On November 13, 2024 Nistha Manocha, PhD (Senior Research Engineer, ESG) and Qinyu Goh, (Sustainability Data Scientist) represented the EDHEC Infra & Private Assets Institute at AlterCOP29 in Singapore. Speaking as part of the thematic day focused on Resilience and Adaptation, their expert session, “The True Cost of Climate Change on Private Assets,” explored how we can effectively and systematically quantify climate risks for infrastructure assets and build resilience into these critical systems.

During their presentation, Nishtha Manocha and Qinyu Goh delved into the financial and operational risks of climate change on private infrastructure assets. They showcased a data-driven approach that equips asset owners and managers with actionable insights to navigate these challenges effectively. Key topics included:

  • Quantifying Climate Risk: Demonstrating methods to systematically evaluate the exposure of infrastructure assets to climate risks, integrating physical and transition risk considerations.
  • Mitigation, Adaptation, and Resilience Strategies: A first-of-its-kind database offering detailed insights into decarbonization and resilience measures. This resource empowers stakeholders with data on the effectiveness, costs, and financial implications of various strategies to drive impactful investments.
  • Climate Risk Rating: Highlighting the need for systematic, objective and comparable assessment to guide infrastructure investors in managing climate risks effectively.