Rob Bailey

Director - Climate Resilience at Marsh & McLennan Insights. Tweets in a personal capacity about climate change, risk and strategy.

[Rob Bailey @ClimateRob]

Hello @LewishamCouncil. The water pump in the Horniman Triangle Play Area is dangerously unstable. Please secure it before a child is hurt. Thank you.

[Rob Bailey @ClimateRob]

A8 Even if global emissions stop today, we still face ~40 years of further warming as the climate stabilizes. So even with very ambitious action to cut emissions, NATCAT risks will continue to increase for decades. We will have to get better at managing them. #MMChats

[Rob Bailey @ClimateRob]

A7 Again, invest in restoring natural infrastructure. Mangroves, wetlands and forests can sequester carbon and reduce risks from natural disasters. They’re good for biodiversity too. Win-Win-Win. #MMChats

[Rob Bailey @ClimateRob]

A6 Invest in natural infrastructure to reduce NATCAT risks e.g. mangroves, coral reefs and salt marshes can protect against coastal flood. This research involving @GuyCarpenter found wetlands saved $625m during Sandy #MMChats

https://t.co/MiEpyVFk7v

[Rob Bailey @ClimateRob]

A5 Check out the @Marsh Catastrophe Resilience Team’s 5 step approach to building flood resilience and explore some case studies here https://t.co/CiVxzLco9n #MMChats

[Rob Bailey @ClimateRob]

A4c Organizations and individuals should take steps to build resilience to flood and wildfire risks – this will help make insurance more affordable. #MMChats

[Rob Bailey @ClimateRob]

A4b Organizations need to evaluate how their physical climate risks will evolve under climate change, the implications for the price and availability of insurance and feed this into their strategic planning. #MMChats

[Rob Bailey @ClimateRob]

A4a Climate change means the cost of insurance for risks like flood and wildfire will increase in certain regions. This is already happening for wildfire risks in California for example. #MMChats

[Rob Bailey @ClimateRob]

A3 Integrate climate into enterprise risk management, scenario planning and capex decisions; model NATCAT risks for critical assets and supply chain vulnerabilities; develop preparedness and contingency plans; use insurance to transfer risks #MMChats

[Rob Bailey @ClimateRob]

A2 Explore how climate change affects health, the implications, and how different organizations should respond through the @MarshMcLennan Climate Health Threat Navigator https://t.co/aaCvK2RReT #MMChats

[Rob Bailey @ClimateRob]

A1 Climate-related disasters are on the rise, damaging assets, disrupting business operations and increasing market volatility. Check out this report from @MarshMcLennan and @NACD for more details:
https://t.co/mpnD5sdIC4 #MMChats

[Rob Bailey @ClimateRob]

@KateRaworth @tim_e_gore @Winnie_Byanyima @pbloomer @antonio_hill @davidwaskow @heatherclimate @kellydent @simoncbradshaw @kirihanks @TracyCarty @HughDCole @jalokaje @NabsIMA @Armelle_LeComte @SimonHernandez @RMISF @MarcOlivierHerm @LiesCraeynest @maxlawsontin @deeep_ache Yes, what a list of people. And what a time you’ve had Tim; what a difference you’ve made.

[Rob Bailey @ClimateRob]

A8b: COVID-19 has shown that the best time to prepare for a crisis was yesterday; the second-best time is today. By acting now, the health sector can serve its patients – and avoid making more drastic/expensive changes in the future. #MMCChat

[Rob Bailey @ClimateRob]

A8a: Climate change will worsen existing health risks – and introduce entirely new ones, like emergent diseases. The health sector is currently a part of the problem, given its emissions. But it can be a crucial part of the solution #MMCChat

[Rob Bailey @ClimateRob]

A7b: Employers can also leverage their role as payers, e.g. by designing health & leave benefits to ensure all workers and their families receive necessary care. They can also support universal access to physical and mental healthcare. Read more: https://t.co/1weJsBykOU #MMCChat

[Rob Bailey @ClimateRob]

A7a: Employers can reduce health and safety risks up front, e.g. by modifying work sites and practices to reduce exposure to extreme heat. They can also improve workforce financial well-being – a key determinant of health. #MMCChat

[Rob Bailey @ClimateRob]

A5: Workforce health and safety is a big risk for employers. A climate impact that damages company operations is also likely to harm workers’ health. This becomes a double whammy: strained finances coinciding with a jump in worker healthcare costs. #MMCChat

[Rob Bailey @ClimateRob]

A4b: Were the sector a country, it would be the 5th largest emitter in the world. Some efforts to cut emissions could boost resilience; others present trade-offs. More: https://t.co/1weJsBPVGs #MMCChat

[Rob Bailey @ClimateRob]

A4a: In a climate-disrupted world, the sector will need to ensure continuity of care & meet changing healthcare needs. E.g. Providers will need resilient infrastructure & supply chains. Life sciences companies will need to align R&D with evolving disease burdens #MMCChat

[Rob Bailey @ClimateRob]

A3b: Some things are bad for both human health and the #climate. Burning fossil fuels emits GHGs and causes air pollution and respiratory disease. Eating too much meat and dairy contributes to non-communicable diseases and generates enormous emissions. #MMCChat