It’s time to shift our perspective from ‘disaster management’ to climate resilience

Improving our climate resilience would likely mean we will spend less on disaster response because it would help us anticipate shocks, mitigate the damages and help us bounce back from them faster.

Mark Carney, current Bank of England governor and former Bank of Canada governor, pictured in this file photo at the National Press Theatre in Ottawa, recently warned of the 'catastrophic impact' climate change could have for the financial system, comparing the consequences of firms’ unpreparedness to the destabilizing effects of the 2008 financial crisis.The Hill Times file photograph

Opinion

BY MAYA PAPINEAU

March 25, 2019

From last week’s ‘bomb cyclone’ causing record-breaking floods in the U.S. Midwest, to the World Economic Forum’s recent warning that extreme weather events are the most threatening global risks this year, news on the climate change front isn’t good these days. Last fall, the Intergovernm...

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