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Toolbox overview
Around 75% of the $1.5 billion insurance payout for damages from natural hazards in New Zealand over the last 40 years was for weather related hazards. -
Fourth Tray - Evaluate the options and their costs / benefits
What can be done to reduce the risk? -
Third Tray - Identify the risks
Do we need to be more risk averse in the future? -
Second Tray - Assess the likely hazard
How might weather hazards be affected by climate change?