New research for AXA UK on local climate risks
Climate risks will not impact all places equally. Households and businesses around the country will be affected by varying economic and social costs. Key decision-makers and stakeholders must understand who and where will be most impacted, and the extent to which those places can prepare, respond, and recover.
New research from Public First for AXA UK comprises data analysis to map local climate risks across England, and public polling to measure attitudes towards those risks. The key findings of the report are:
● Flooding is perceived to be the greatest risk in the next 10 years by 55% of those polled, followed by severe storms (48%) and rising sea levels (47%).
● London is most vulnerable to combined climate risks of flooding and extreme heat.
● Coastal areas of the East Midlands, Yorkshire and the Humber, as well as areas in the Southeast and London, are most vulnerable to flood risks.
● Homes and businesses in England with the highest chance of flooding face at least £818m in financial costs by 2055.
● Despite admitting having concerns about climate-related property damage, more than half (52%) of those polled said they would be unprepared to deal with the impacts of flooding or extreme heat on their property.
● Nearly half (48%) of those polled said they had never checked if their home insurance covered them for the effects of extreme heat, which can cause cracking and subsidence.
Read the full report here. For a full list of the constituencies and core city rankings, visit the linked spreadsheet here.
Public First conducted an online poll of 2,003 UK adults from 11-17 September. Results are weighted by interlocking age & gender, region, and social grade to Nationally Representative Proportions using Iterative Proportional Fitting. Public First is a member of the British Polling Council (BPC) and abides by its rules.