Economy

Property rights and insurance: two thorny issues for climate change adaptation

Ian Llewellyn
Wed, 27 Apr 2022

Property rights and insurance: two thorny issues for climate change adaptation
Dealing with more extreme weather events poses extreme policy solutions (Image: Getty)
Ian Llewellyn
Wed, 27 Apr 2022
The government is warning the public and businesses that it might take a new approach to property rights, as well as current models of insurance and risk-sharing when it comes to adapting society to climate change.The release of the draft national adaptation plan by climate change minister James Shaw marks another step in dealing with increased flooding and other impacts of climate change.It is a stocktake of current policy work and proposes new policy areas for consideration in thorny issues such as:Should councils and government take a larger...

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