Australian airports face costly fight against worst climate risk

Quick Summary:

A new analysis reveals that almost all of Australia's major airports, including Sydney and Brisbane, are highly vulnerable to climate change impacts such as storms, floods, heat waves, and high winds.

ReutersThe findings are a warning to aviation infrastructure owners worldwide including IFM Investors, whose portfolio includes Sydney Airport, London Stansted and Vienna Airport.

The airports in Australia most at risk from climate change include regional gateways to popular holiday destinations, the report found.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaAustralia

Topics: IFM Investors Airport vulnerabilities Airport Aviation infrastructure Australia airport Risk assessment

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 09:51:54 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1318 words

Reading Time: 8 minutes read

Sentences: 32 lines

Sentence Length: 42 words per sentence (average)

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

Copyright Owner: © Economic Times

News ID: 22420054

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 4 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #84

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