SIMON MCCONNELL MANAGING PARTNER, CLYDE & CO HONG KONG
Businesses worldwide are facing an increasingly complex and interconnected risk landscape as a result of natural and man-made perils, such as climate change, extreme weather, globalisation and urbanisation – how they respond can be business critical. Currently, approximately 55% of the world’s population live in urban areas. This number is expected to increase to 68% by 2050. 1 Clyde & Co is committed to supporting initiatives which facilitate greater resilience in the developed world and emerging markets. Clyde & Co’s Resilience Campaign examines a number of these complex issues, helping businesses understand the latest thinking on risk management, the regulatory landscape and what the future may hold.
This report is part of a series looking at how cities around the world are responding to three seismic megatrends: climate change, urbanisation and globalisation. It is increasingly acknowledged that cities will have to be at the forefront of adapting to change. This report discusses the challenges faced by Hong Kong, in particular extreme heat as a result of global warming exacerbated by urbanisation and population density. It examines some of the measures that are being taken to help tackle the problem of extreme heat in order to build greater resilience.
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