Adapting to climate change? The case of water and insurance industry in Sweden and the UK.
Even if the emission of greenhouse gases were to cease today we would still need to adapt to climate change as a result of existing emission levels. Adaptation to climate change, including effects on level rise and increased risk for flooding, is thereby extremely important for societies. In Sweden is among other areas Gothenburg situated at such a low elevation and large risk for flooding from the Göta River and Lake Vänern that adaptation is necessary, which is highlighted among other things in the Commission on Climate and Vulnerability (2007) and the climate bill (2009). Water related industry – such as Vattenfall, which among other things owns the water court judgement för Göta River – and insurance industry – which for instance may reject insuring low-lying properties – are major stakeholders and actors in adaptation to climate change, but have so far been little involved given that the state’s work with adaptation has started only in the last few years.
This study aims to compare how water related industry and insurance industry can be included in work with adaptation to climate change, through comparing the structure of these industries and their work with adaptation in Sweden and the UK, the latter being a climate vulnerable country that has come relatively far in integrating the private sector in adaptation. The study undertakes policy surveys and semi-structured interviews during 2011-2013, with the aim to provide suggestions that can support adaptation to climate change in Sweden.