The construction sector faces a major challenge to meet its decarbonisation target by 2050 and reduce the industry’s contribution to climate change. On the other hand, construction stakeholders are themselves exposed to risks from the physical changes in the environment caused by climate change leading to increased threats from nat cats, like more extreme weather conditions on construction sites, water shortages, earthquakes and other such deteriorating environmental conditions like temperature increase and flooding.

Building resilience against the environmental consequences of climate change has become a key factor. Protecting against physical risks like extreme weather events and floods requires forward-looking analysis and climate modelling of physical risks to forecast the potential impact of different scenarios. This session looks at how climate change is changing the way construction projects are managed, the associated risks and how these risks can be identified and managed.