australia is already experiencing the impacts of climate change. Record heatwaves, extreme droughts, fire seasons, floods, coastal erosion and sea level rises have become more frequent and severe.
As a result, almost all sectors of the Australian economy are dealing with the eff ects, either directly or indirectly. In fact, a new report from Deloitte Access Economics found that if the climate crisis is not addressed, the economy could shrink by six per cent over the next 50 years.
The construction industry is impacted in many ways by