Workshop on New Science and Business Developments for Managing Climate Risks

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Workshop on New Science and Business Developments for Managing Climate Risks

5 November 2015, Royal Society, London

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The workshop will be held at the Royal Society (see the map below). All access points to Chadwick Building are shown in red arrows on the map below. The closest tube station is Charing Cross (see below), but Embankment, Piccadilly Circus, Leister Square and Green Park stations are also within 10 minutes walking distance.

Background

The Newton-Ungku Omar Fund in Malaysia involves the British Council as one of several UK delivery partners working with the Higher Education International Unit and in partnership with the Malaysian Industry-Government Group for High Technology (MIGHT) as part of the Science to Action (S2A) initiative undertaken by the Government of Malaysia to establish collaborations on priority areas. “Future Cities: Science to Action for Building Resilience of Urban Communities to Climate Induced Physical Hazards” is a project supported by the Newton-Ungku Omar Fund. The joint UK-Malaysian ‘pump-priming’ project aims to bring together scientists working on various aspects of physical hazards and risks in a changing climate with a particular emphasis on large urban areas.

 

Climate change and expansion of settlements is expected to escalate climate induced hazards such as flooding, landslides, typhoons, etc. both in its extent and frequency as well as its occurrence in new areas within urban centres. A first step towards adaptation to future climate change is reducing vulnerability and exposure to present climate variability. Science-based products and services play a critical role in enhancing the capability of governments and the private sector in managing risk information and financing.

Objectives

The workshop involves scientists and financial entities such as international investors, credit ratings agencies, insurers, re-insurers and financial regulators. The objectives are to:

  • Review current and developing science-based products and services (e.g. approaches for assessing risk of impacts associated with multi-hazards);
  • Obtain feed-back on effectiveness of existing science-based products and services and future needs for managing risks in a changing climate focusing on urban areas;
  • Understand scientific needs and priorities of the financial sector for managing risks, reducing exposure of expanding assets and building community resilience.

 

Expected Outcomes

The UN Climate Summit 2014 saw the announcement of a variety of innovative initiatives related to risk financing mechanisms and climate risk investment frameworks. The effectiveness of such initiatives can be enhanced through science-based products and services that cater to site specific conditions that inform risk based decision making. In this context, the workshop discussion will focus on questions such as: What are you using now? How effective are these? What do you need in addition? The discussion will be documented and disseminated to a wider audience to facilitate the development of science-based products and services for decision-making in a changing climate with emphasis on urban areas.

 

Tentative Programme

09:00     Registration

SESSION I: Opening and Keynotes

09:50     Scene Setting, Professor Lord Julian Hunt Visiting Fellow, MCSC & UCL

10:00     Opening Remarks, Dr. Daniel Korbel,

Senior Science Adviser, Policy, British Council

10:10     Keynote, Professor Tan Sri Zakri Abdul Hamid, Science Advisor to the Prime Minister of Malaysia

10:25     Keynote, Professor Ian Boyd, Chief Scientist, Department for Environment, Food and Rural Affairs (Defra)

10:40     Coffee Break

 

SESSION II: Science, Business and Policy

Moderators: Dr. Sarah Aziz (UKM) & Professor Tim Broyd (UCL)

11:00     ANCST – The Science Network in Asia, Professor Lord Julian Hunt (MCSC&UCL)

11:15     Current Business Developments and Future Needs for Science, Dr. Rowan Douglas (Willis)

11:30     Science and Innovation to Address Future Risks, Dr. Richard Miller, Innovate UK

11:45     Sendai Framework on Disaster Risk Reduction – Early Signals from Asia, Professor Joy Pereira (UKM)

12:00     Discussion Session

12:30     Lunch Break

 

SESSION III: Developments in Science

Moderators: Professor Tiziana Rossetto (UCL) & Dr. Ng Tham-Fatt (UM)

13:30     Science for the Insurance Sector – The UK Experience, Dr Jane Toothill (JBA Risk Management Ltd)

13:45     Assessment of Multi-hazard Susceptibility, Dr. Helen Reeves (BGS)

14:00     Modelling Atmospheric Hazards for City Managers, Dr. David Carruthers (CERC)

14:15     Indoor Environment Modelling for Housing, Professor Michael Davies (UCL)

14:30     Advances in Prediction of Tropical Cyclone Landfall, Professor Johnny Chan (City University of Hong Kong) 

14:45     Discussion Session

15:00     Coffee Break

 

SESSION IV: New Approaches and Market Needs

Moderators: Prof. Evelyn Er (UKM) & Dr. Brian Marker (IUGS-GEM)

15:15     Long Range Forecasting Systems, Professor Michael Keith Davey (University of Cambridge)

15:30     Increasing Urban Resilience to Floods, Dr. Darren Lumbroso (HR Wallingford)

15:45     Urban Living Programme, Representative, Dr. Scott Cain, Future Cities Catapult Centre

16:00     Challenges on Risk Exposure in Malaysia, Dr. Arpah Abu Bakar (UUM)

16:15     Needs of the London Insurance Market for Southeast Asia, Professor Mark Saunders (UCL)

16:30     Discussion Session

16:45     Closing Remarks, Datuk Dr. Mohd Yusoff Sulaiman, Malaysian Industry Government Group for High Technology (MIGHT)

16:55     Networking Reception

17:40     End of Workshop

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