1、Generously supported byGETTING AHEAD OF WEATHER GONE WILD:HOMEOWNERS AND COMMUNITIES CAN ACT TODAY TO LIMIT FLOOD AND WILDFIRE RISK TOMORROWDr.Blair FeltmateIntact Centre on Climate Adaptationbfeltmateuwaterloo.caOctober 4,2024AGENDA 1.Climate change is irreversible2.Costs of climate change(financia
2、l and social)are bending up3.Preparing Muskoka for extreme weather:I.FloodingII.Wildfire4.Recap&Q&A2CLIMATE CHANGE IS IRREVERSIBLE:SEVERE WEATHER WILL INCREASEIt is indisputable that human activities are causing climate change,making extreme climate events,including heat waves,heavy rainfall,and dro
3、ughts,more frequent and severe IPCC 2022Some future changes are unavoidable and/or irreversible but can be limited by deep,rapid and sustained global greenhouse gas emissions reductionIPCC 2023In 1995,the year of the first COP,global demand for oil was 70 million barrels a day.In 2028,oil demand wil
4、l be 106 million barrels a day International Energy Agency,2023WORLD POPULATION INCREASES,NET(BIRTHS DEATHS),BY 8,000 PEOPLE PER HOURCLIMATE CHANGE IS DRIVING CLIMATE CHANGE,INDEPENDENT OF BURNING FOSSIL FUELSCanadas climate has warmed and will warm further in the future,driven by human influence.th
5、is warming is effectively irreversible ECCC/CCCR 2019310%of residential homes in Canada(1.5 million)are uninsurable for basement floodingInsurance cap coverage is lowering$1 invested in adaptation=$3-8 in avoided lossesIMPACT OF FLOODING ON RESIDENTIAL HOUSINGAverage Sold Price 8.2%reduction in sold
6、 price Average Number of Listings 44.3%decrease in listingsAverage Days on Market 19.8%longer on the market Mortgage Impact loan-to-value ratio 5MENTAL HEALTH IMPACTS OF RESIDENTIAL FLOODING(LIFE&HEALTH CHALLENGE)“Its something you never want to experience again in your life”Average time off work fo