Asian Buildings Climate Impact Analysis

The large investment in housing in many Asian countries over the last several decades requires governments to anticipate costs, as this housing stock begins to age. Increasing temperatures and severe precipitation events are increasing the likelihood that existing housing designs may be insufficient for the changing conditions. The climate analysis was undertaken to project national costs in the housing sector.

Resilient Analytics was the lead consultant in this effort to determine the economic costs of climate change in the building sector in South Korea, Japan, Mongolia and China. The team focused on residential structures as a primary risk for long-term costs. The team collaborated with economists from Asian Development Bank to develop cost estimates at both national and urban levels.

Resilient Analytics expanded its building sector impact models to reflect local conditions in each country, as well as the difference in building material usage in urban and rural areas. The models allowed Resilient Analytics to provide input to the economic modelers regarding the potential need to reinvest in housing infrastructure sooner than anticipated. Costing was localized to reflect different economic conditions.