Meat consumption, climate change and population health : a co-benefit study of Australia and Hong Kong

Author(s):  
Sau-chun Yip
2021 ◽  
Author(s):  
Rebecca Alexandre ◽  
Iain Willis

<p>The re/insurance, banking and mortgage sectors play an essential role in facilitating economic stability. As climate change-related financial risks increase, there has long been a need for tools that contribute to the global industry’s current and future flood risk resiliency. Recognising this gap, JBA Risk Management has pioneered use of climate model data for rapidly deriving future flood risk metrics to support risk-reflective pricing strategies and mortgage analysis for Hong Kong.</p><p>JBA’s established method uses daily temporal resolution precipitation and surface air temperature Regional Climate Model (RCM) data from the Earth System Grid Federation’s CORDEX experiment. Historical and future period RCM data were processed for Representative Concentration Pathways (RCPs) 2.6 and 8.6, and time horizons 2046-2050 and 2070-2080 and used to develop fluvial and pluvial hydrological model change factors for Hong Kong. These change factors were applied to baseline fluvial and pluvial flood depths and extents, extracted from JBA’s high resolution 30m Hong Kong Flood Map. From these, potential changes in flood event frequency and severity for each RCP and time horizon combination were estimated.</p><p>The unique flood frequency and severity profiles for each flood type were then analysed with customised vulnerability functions, linking water depth to expected damage over time for residential and commercial building risks. This resulted in quantitative fluvial and pluvial flood risk metrics for Hong Kong.</p><p>Newly released, Hong Kong Climate Change Pricing Data is already in use by financial institutions. When combined with property total sum insured data, this dataset provides the annualised cost of flood damage for a range of future climate scenarios. For the first time, our industry has a tool to quantify baseline and future flood risk and set risk-reflective pricing for Hong Kong portfolios.</p><p>JBA’s method is adaptable for global use and underwriting tools are already available for the UK and Australia with the aim of improving future financial flood risk mitigation and management. This presentation will outline the method, provide a comparison of baseline and climate change flood impacts for Hong Kong and discuss the wider implications for our scientific and financial industries.</p>


Author(s):  
Hung Ho ◽  
Sawaid Abbas ◽  
Jinxin Yang ◽  
Rui Zhu ◽  
Man Wong

Climate variability has been documented as being key to influencing human wellbeing across cities as it is linked to mortality and illness due to changes in the perceived weather cycle. Many studies have investigated the impact of summer temperature on human health and have proposed mitigation strategies for summer heat waves. However, sub-tropical cities are still experiencing winter temperature variations. Increasing winter perceived temperature through the decades may soon affect city wellbeing, due to a larger temperature change between normal winter days and extreme cold events, which may cause higher health risk due to lack of adaptation and self-preparedness. Therefore, winter perceived temperature should also be considered and integrated in urban sustainable planning. This study has integrated the increasing winter perceived temperature as a factor for developing spatiotemporal protocols for mitigating the adverse impact of climate change. Land surface temperature (LST) derived from satellite images and building data extracted from aerial photographs were used to simulate the adjusted wind chill equivalent temperature (AWCET) particularly for sub-tropical scenarios between 1990 and 2010 of the Kowloon Peninsula, Hong Kong. Compared with perceived temperature based on the representative station located at the headquarters of the Hong Kong Observatory, the temperature of half the study area in the Kowloon Peninsula has raised by 1.5 °C. The areas with less green space and less public open space in 2010 show higher relative temperatures. Socioeconomically deprived areas (e.g., areas with lower median monthly income) may suffer more from this scenario, but not all types of socioeconomic disparities are associated with poor sustainable planning. Based on our results and the “no-one left behind” guideline from the United Nations, climate change mitigation should be conducted by targeting socioeconomic neighborhoods more than just aging communities.


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