EVENT: Financing the built asset adaptation gap
UKGBC are inviting key financial and built environment stakeholders to collectively define the role of nature-based solutions in adapting built assets to climatic risks and identify what the barriers and opportunities to financing such adaptation measures are.
Since 2000, four major flood events have cost the UK economy £6 billion in damages. At present there are 5.2 million buildings at risk of flooding in the UK. Flooding is just one in a suite of climatic risks to built assets that will only become more physically and financially costly if left unacted upon. However, ensuring the climate resilience of our built environments currently requires greater investment in alternative approaches to the design, delivery, and management of built assets.
The need to design-in adaptation across our built environments has never been greater, yet there persists a gap between an understanding of the physical and financial risks posed by climate change and the material interventions that will effectively mitigate them.
More space for nature must be made within our built environments, and nature-based solutions (NBS) support practical adaptation and resilience action that can protect assets and investments physically and financially, whilst also enhancing biodiversity and improving the livability of communities both now and into the future.
Bringing key financial and built environment stakeholders together, this event will assess what a win-win scenario can look like that protects assets and investments from climate risks and delivers NBS. Discussions will identify the current challenges to investing in NBS, as well as the necessary next steps to embed them as integral infrastructures in the ‘Race to Resilience.’
The discussions facilitated will form the basis of a short report to be produced following the event.
Please note, this event has a limited capacity and is aimed at UKGBC member organisation representatives primarily from banks, investment managers, built asset developers and owners, and local or combined authorities. If you do not fit this target audience, UKGBC reserves the right to politely decline your registration.