New Zealand research report warns households over climate change


43,000 homes are within 1.5 meters of the average spring high tide and nearly 9000 are within 50cm; the difference between a low emission scenario between now and 2100 could mean a 44cm rise in sea level or a 1 meter rise if the current high emission trends continue. This means the properties might not be able to obtain insurance in the future. The report notes insurers have the ability to withdraw coverage and that “in areas recognised as especially vulnerable to climate change risks, there wi