Ontario's provincial and municipal governments own more than $700 billion worth of public infrastructure assets. These assets were designed, built and maintained to withstand a specific range of climate conditions, typically based on historic levels, but these climate conditions are changing.
The Financial Accountability Office's (FAO) Costing Climate Change Impacts to Public Infrastructure (CIPI) project analyzes the costs that select climate change impacts could impose on Ontario's provincial and municipal infrastructure, and how those costs could impact the long-term budget outlook of the province.
So far, the FAO has released reports estimating how changes in extreme rainfall, extreme heat and freeze-thaw cycles will impact the long-term costs of maintaining both Ontario's public transportation infrastructure and public buildings and facilities. This Speaker Series will focus on the CIPI methodology and high level results from both the transportation and buildings report.
The FAO's CIPI reports and related information can be found on their website at https://www.fao-on.org/en/cipi.
Download a PDF copy of the slides by clicking on the link under "Documents", or view the recording of this event at this link https://vimeo.com/771692929