The Australian Government is taking action to help us prepare for extreme weather and climate events.
Australia has always faced risks arising from our harsh climate. Climate change is exacerbating our current risks and creating new ones. This has consequences to our communities and economy.
In the 2023-24 Budget, $27.4 million was allocated towards a National Climate Risk Assessment and a National Adaptation Plan.
The Risk Assessment will help us understand the potential risks and impacts to Australia from climate change. The Plan will help guide actions to adapt to those risks.
The first National Climate Risk Assessment will run for 2 years, through 2023 to 2024.
The scoping of the Risk Assessment has successfully concluded providing a methodology for the Risk Assessment. Starting in July 2023, the next stage will deliver a first pass assessment. This will provide a high-level understanding of national priorities for climate adaptation action.
We expect to finalise this stage and deliver a list of priority risks by the end of 2023.
