Four Twenty Seven Climate Resilience News and Announcements for April 5, 2016

Climate resilience news and announcements
 
From the Desk of Emilie
 
The regulatory landscape of climate risk disclosure is evolving rapidly. The SEC just ruled in favor of shareholder efforts to promote more transparency on climate risk in ExxonMobil’s financial disclosures, while the Task Force on Climate-Related Financial Disclosures published its first report last week.

Corporations and investors will be well advised to
stay current on legal and policy changes related to climate change risks, and to deepen their understanding of climate change science and its impacts on their business. Our research and publications serve to inform our clients of critical policy and scientific developments – as you will see from this week’s issue, climate scienceis changing almost as fast as the regulatory environment.

As always, feel free to
reach out to our analysts with questions!


Emilie Mazzacurati, Founder and CEO

Policy Brief: What is the Task Force on Climate-Related Financial Disclosure?
 
In December 2015, the Financial Stability Board created a Task Force on Climate-Related Financial Disclosures (TCFD). The industry-led Task Force, chaired by Michael Bloomberg, is mandated to make recommendations for improving voluntary financial disclosure of climate-related risks.

The ultimate goal of the TCFD is to enable financial market participants to incorporate considerations on climate risks and opportunities into investment, credit and insurance-underwriting decisions.


Read 
our analysis of the Task Force’s first report, published on April 1st. The Task Force recommendations will constitute a critical reference point for consensus on climate risk disclosures, and facilitate international standardization of requirements – we published this Policy Brief  to help corporations and investors stay on top of regulatory developments.
 
 
Our Blog: Using Climate Science for Adaptation
 
A report from a team of climate scientists lead by James Hansen has reinvestigated the science of sea level rise, predicting that destructive levels of sea level rise caused Arctic sea ice melt could be decades, not centuries away.  New science like this is representative of how we are continuing to learn about the impacts climate change has on our planet.

At Four Twenty Seven, we provide context and translate latest scientific developments into projections of climate risk on vulnerable assets, populations and communities. 


Read our analysis of the new Hansen sea level rise study in our latest post: 
From Science to Action: Using Climate Science for Adaptation.
 
 
What We’re Reading: Is Climate Change Causing More Extreme Weather Events?
 
Over the last decade, scientific understanding of the connections between extreme weather events and climate change has improved due to advancements in scientific observation and climate modeling. The National Academies of Sciences, Engineering and Medicine recently released a new report on the Attribution of Extreme Weather Events in the Context of Climate Change.

The report covers nine different kinds of extreme weather events, highlighting how climate data is being used to define the science of event attribution. The report improves our understanding of the probability and impact of climate-driven events like floods, hurricanes and wildfires.
 
Here Comes La Niña–Or Does It? What History, Models, and Experts Tell Us
 
As climate change drives up average global ocean temperatures, El Niño and La Niña events are continuing to cause short term cooling and warming cycles. Tracking and predicting when seasonal patterns of ocean warming and cooling take place is an important aspect of understanding the changes in our oceans due to climate change.  

Read more about what the science and experts have to say about La Niña forecasts for the coming season.
 
Pacific Ocean Pattern Could Predict U.S. Heat Waves
 
New research in Pacific Ocean temperature patterns is helping scientists better forecast extreme heat waves up to 50 days before they happen.

“By identifying a pattern that seems to precede major heat events in the eastern U.S., the study could help forecasters give farmers, cities and utilities more time to prepare. Such early warnings will become more and more critical as the world continues to warm and heat waves become more frequent and more intense.”


A better understanding of heat waves is also critical to long-term public health planning and policy –
our work with hospitals and local governments is dedicated to bringing these insights to professionals on the ground.
 
Webinar: Corporate Climate Adaptation
 
Join us for on a webinar Thursday 28 April from 10-11:15 EST organized by ND-GAIN to discuss how corporations can build climate resilience in the context of the UN Development Goals and the Paris Agreement.

Panelists include:
  • Bernhard Frey, Manager, Environment & Climate, UN Global Compact
  • Jay Koh, Managing Director & Partner, Siguler Guff; Founder & Chairman, Global Adaptation and Resilience Investment (GARI)
  • Emilie Mazzacurati, Chief Executive Officer, Four Twenty Seven
  • Lance Pierce, President, CDP North America
Emilie will present on how corporations can leverage their corporate social responsibility programs to build climate resilience.
 
 
Upcoming Events
 
Join our team in the field at these upcoming events
 
 
Copyright © 2016 Four Twenty Seven, All rights reserved.
Four Twenty Seven sends a newsletter and occasional announcements for events and publication related to climate change policy and risk management. For more information, please visit our website:
www.427mt.com

Our mailing address is:
Four Twenty Seven
2000 Hearst Ave
Ste 304
Berkeley, CA 94709
Tags: , , ,