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CDP Cities 2011

The Business Value of Climate Change Data

Since its launch, CDP has been instrumental in driving businesses to develop a sophisticated understanding of the risks and opportunities associated with carbon management and climate change. As a result, many businesses have made public commitments to cut their emissions.

They are now seeing the benefits in their operations from both revenues and cost. At Jones Lang LaSalle, we expect that consideration of climate change-related risks will play an increasing role in businesses’ location decisions. This is particularly the case as energy prices and risks of supply chain disruption increase.

To attract private investment, cities will need to provide the right physical and regulatory environment. This will enable cities to foster local economic development and to become more resilient in an increasingly competitive environment. The CDP Cities initiative provides a unique platform for marketing cities’ climate change strategies, which will enable businesses to make informed location decisions.

Lauralee Martin

Global Chief Operating and Financial Officer Jones Lang LaSalle

“In 2008, Mayor Michael Bloomberg convened the New York Panel on Climate Change (NPCC) to ensure that the City’s climate resilience efforts were based on state-of-the-science information. Modelled on the Intergovernmental Panel on Climate Change (IPCC), the NPCC consists of a multi-disciplinary group of leading climate and impact scientists, academics, economists, and risk management, insurance, and legal experts.”

New York

“Under the UK Government’s Climate Change Act, the Greater London Authority is required to report to the UK Government on adaptation.”


“Businesses´ activities in the city are highly dependent on certain predictable weather conditions such as agriculture, water, transportation system, energy and tourism.”

Addis Ababa 28 © 2011 Carbon Disclosure Project

Several cities take impact assessments a step further. Melbourne uses socio- economic and sensitivity factors (demographics, infrastructure condition and capacity, institutional control measures, community knowledge and skills, and emergency services capacity) in their impact assessments. Sydney uses a tool to assess the impacts of rising sea levels, floods and extreme heat events, and the city’s adaptive capacity.

7 cities are adopting a collaborative approach by teaming up with research agencies, universities, businesses, citizens and other stakeholders to study the physical impacts of climate change and formulate actions.

National and international adaptation reporting is at an early stage Very few C40 cities noted that they report on their actions to adapt to climate change. According to the survey results, only 4 countries require cities to report on adaptation to national governments. In Ethiopia, Addis Ababa is mandated by Federal Environmental Protection Authority to report about their climate change

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