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Resilience NEWS

How the property sector can prepare for worst-case disaster scenarios

(L to R) Robert Tickner, Margareta Wahlstrom, Paul O’Sullivan, Heinrich Eder and Campbell Hanan.

(L to R) Robert Tickner, Margareta Wahlstrom, Paul O’Sullivan, Heinrich Eder and Campbell Hanan.

The Australian Roundtable for Disaster Resilience and Safer Communities has caught the ear of the Productivity Commission and eye of the United Nations with its call to rebalance funding towards resilience and pre-disaster planning, and for the creation of a national open data platform to better inform business, the community and policy makers. Formed in 2012 by IAG, Investa Property Group, Munich Re, Optus, Australian Red Cross and Westpac Group, the roundtable focuses on prevention of impacts and improving the resilience. It recently met with head of the United Nations Office for Disaster Risk Reduction (UNISDR) Margareta Wahlstrom ahead of the third UN World Conference in Sendai, Japan. The conference will be the platform for the adoption of the 2015 Framework for Disaster Risk Reduction, to which the roundtable has contributed…


Nokia to Work on Kids’ safety

CHENNAI: Erstwhile mobile phone manufacturer Nokia will offer telecom and mapping technologies to help build resilience among children in disaster prone areas. Nokia is conducting the initiative in association with Save the Children, an NGO. Nokia has been brought on board by the NGO, who is to build resilience of children and their communities through Disaster Risk Reduction (DRR) programme. Thomas Chandy, CEO of Save the Children, said, “Nokia’s telecom technologies can spearhead communication connectivity in real time to reduce the risk from disasters, thereby ensuring that children and their community are safe.”…


The hidden cost of coerced resilience

Centre researchers look into forced resilience of intensive agriculture, forestry, fisheries and aquaculture systems. High levels of production in agriculture, forestry, fisheries and aquaculture systems are maintained through extensive human inputs of fossil fuel-based technologies and capital investments. This is currently holding many systems in what would otherwise be unstable states, something that potentially can lead to the loss of alternative options for the future, concludes Centre researchers Magnus Nyström, Max Troell and Henrik Österblom, among others, in a recent article in the journal Ecosphere…


Hail damage: Queensland car dealers facing closure won’t receive help

Hail damaged cars wait to be assessed by the RACQ after the storm in Brisbane on Thursday. Photograph: RACQ/AAP

Hail damaged cars wait to be assessed by the RACQ after the storm in Brisbane on Thursday. Photograph: RACQ/AAP

The Queensland government has ruled out helping car dealerships which are facing closure after Thursday’s hailstorm. The Insurance Council of Australia said claims for home and contents and motor vehicles damage had exceeded $145m as of Saturday. Greater Brisbane was battered by a super cell system that packed cyclonic winds of up to 140 km/h and peppered the city with hail stones the size of tennis balls. Brisbane suburbs which bore the brunt of the storm included Annerley, Moorooka, Fairfield, Kangaroo Point and West End…


Global financial systems ignore resilience to extreme weather

Stormcloud-PD-300x199The report also calls for changes to global financial accounting and regulation to ensure that extreme weather risk is correctly accounted for. At present, these risks are not systematically factored into investors’ valuations or assessed by creditors. Business surveys, economic forecasts and country briefings that guide investment decisions and credit ratings are typically based on the availability of skilled labour, access to export markets, political and economic stability, and financial incentives – but there is little or no consideration of disaster risks…



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