November 30, 2015 by Canadian Underwriter
Intact Financial Corporation (IFC), Canada’s largest provider of property and casualty insurance, and Ontario’s University of Waterloo announced on Monday the creation of the Intact Centre on Climate Adaptation (ICCA).
The centre, based in the Faculty of Environment at the University of Waterloo (UoW), will focus on research and building awareness for “innovative adaptation solutions to climate change risks facing Canadian homeowners, communities, industries and governments,” the UoW said in a press release. Under the leadership of Professor Blair Feltmate, university researchers, consultants, industry specialists and non-governmental agencies will:
• monitor applied research developments on adaptation solutions and technologies from around the world;
• conduct their own research; and
• mobilize adaptation technologies and practices that are most promising to reducing climate-related extreme weather risk.
With funding of $4.25 million provided by Intact, the ICCA’s initiatives include implementation of a green infrastructure program aimed at reducing the impact of severe precipitation in Canadian communities, the university said. Another program will identify the extreme weather vulnerabilities of various Canadian industrial sectors and recommend appropriate industry-specific adaptation strategies.
“While political leaders from across the world gather for COP21, we should remind ourselves that climate change is already a reality here in Canada,” said Charles Brindamour, chief executive officer of IFC, in the statement. “We must step up our efforts towards building strong, prosperous, resilient and sustainable communities. Our partnership with Waterloo’s Faculty of Environment will foster innovative solutions that will reduce the physical, financial and social impacts of extreme weather.”
The ICCA will also launch its national Home Adaptation Audit Program (HAAP) to assess the vulnerability of homes to flood damage, and make specific recommendations to help homeowners across the country avoid costly damage from extreme weather.
The centre represents the next step in a five-year partnership between Toronto-based Intact and the University of Waterloo in tackling the impacts of extreme weather. Previously, the organizations partnered on The Climate Change Adaptation Project, which identified the most vulnerable areas of Canadian society to climate change; provided a national roadmap for adaptation; and identified numerous solutions to protect Canadians against the growing threat of severe weather events.
Big thanks to the @agotoronto for providing a gorgeous venue for the launch of the #icca pic.twitter.com/cqXae2NUns
— ICCA_Canada (@ICCA_Canada) November 30, 2015
.@intactinsurance CEO Charles Brindamour speaking at @icca_canada launch “climate change is happening now” #ICCA pic.twitter.com/ipt1k6mrc9
— Karen lockridge (@KarenLockridge) November 30, 2015
“Climate adaptation has to become priority for our political leaders” Charles Brindamour, CEO, Intact #ICCA
— Jason Thistlethwaite (@jasonthistle) November 30, 2015
“The Home Adaptation Audit program will help homeowners protect against flooding.” Charles Brindamour, @intactinsurance #ICCA
— Intact Insurance (@intactinsurance) November 30, 2015
Blair Feltmate celebrating launch of new Intact Centre for Climate Adaptation #ICCA #ClimateChange pic.twitter.com/MDgpw5XwCM
— Sustainable Hamilton (@SustainHamilton) November 30, 2015
“Ultimately are trying to take risk out of the system with extreme weather events and #climatechange.” -Dr. Blair Feltmate, Head of #ICCA
— Intact Insurance (@intactinsurance) November 30, 2015
Blair Feltmate on Intact Centre for Climate Adaptation – “goal is to the risk out of the system” @icca_canada #ICCA pic.twitter.com/SClD1aQy4Y
— Karen lockridge (@KarenLockridge) November 30, 2015
Honored to attend at @agotoronto the launch of the @intactinsurance Centre on Climate Adaptation based @UWaterloo pic.twitter.com/CJ12fxczxs
— Eleanor McMahon (@EMcMahonMPP) November 30, 2015
(1/2) #ICCA will work with all levels of govt to launch programs: 1) for homeowners to safeguard properties from flooding…
— Intact Insurance (@intactinsurance) November 30, 2015
(2/2) 2) dev. strategy to retain + restore Canadian wetlands around urban centres to limit weather impact from severe precipitation #ICCA
— Intact Insurance (@intactinsurance) November 30, 2015
Great 2 speak @ Uni of Waterloo Intact Centre on Climate Adaptation launch- Great leadership shown! @EMcMahonMPP pic.twitter.com/34LIFUQrGh
— Glenn Thibeault (@GlennThibeault) November 30, 2015
MT @EMcMahonMPP: Dr. Blair Feltmate @UWaterloo is Director of the new @intactinsurance Centre on Climate Adaptation pic.twitter.com/3AuhFcfFW1
— University Waterloo (@UWaterloo) November 30, 2015
A fantastic event to launch #ICCA with @UWaterloo to help mitigate risks of #climatechange https://t.co/ysvFB5jVey pic.twitter.com/mer5JnIbrs
— Intact Insurance (@intactinsurance) November 30, 2015
#Climatechange is here. Follow @ICCA_Canada to learn what #UWaterloo is doing on this front #ICCA pic.twitter.com/YMIUYEQ8BK
— University Waterloo (@UWaterloo) November 28, 2015
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