Australian airports face costly climate risks

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SYDNEY: Almost all of Australia’s major airports including Sydney and Brisbane are vulnerable to the worst impacts of climate change, according to new analysis that spells out the threats to the multibillion-dollar investments favoured by large pension funds.

Aviation infrastructure owners will have to prepare for the dangers of climate change.

Assuming 2C of warming, by 2050 the proportion of Australia’s tourism sites in the three highest climate-risk categories will rise from 50% to 55%, the report said.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustralia

Topics: Owners Sydney Australia’s Floods Climate Change Airports Report Infrastructure Airport Risk

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 07:00:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22437344

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 34 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #22

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