Financial Impacts of Climate Change
Airports need to build resilience and understand the potential long term impacts of climate change. However, they bump up against costs of implementing projects with resilience elements because there is little aviation specific data regarding the return of investment of such projects and the overall financial risks of climate change. Additionally, as insurance and the availability to retain loans gets more in line with climate risks, airports need to further understand and be able to communicate the financial costs/benefits surrounding climate change and projects that build resilience.