Webinar: COVID-19 and Climate Change: Impact on real estate markets and strategies

How are the climate crisis and coronavirus pandemic impacting the global economy and property markets and what are the major differences in their impact between countries, sectors and cities?


The climate crisis and coronavirus pandemic not only resemble each other but they also interact with each other. Neither the virus nor greenhouse gas emissions respect borders and are global by nature, with devastating consequences. They are also hitting the poorest and most vulnerable countries and people hardest, and both have demanded urgent, coordinated action to tackle them.

So how are these two crises impacting on the global economy and property markets and what are the major differences in their impact between countries, sectors and cities? What role are governments and other key stakeholders taking to mitigate the worst economic damage and plan for a better future?

The global property market is being significantly impacted by both crises, being front and centre of catastrophic and often unexpected events around the world.  From COVID-19 induced lockdowns and shutdowns of whole economies to climate-related floods, fires and hurricanes devastating cities and properties and damaging local economies, the risks are increasing significantly. With the property sector being responsible for producing almost 40% of global greenhouse gas emissions, the stakes could not be higher.

This webinar will start with a short 15 minute presentation on the economic impact of global warming, followed by a panel discussion and Q&A with expert industry speakers and panellists. The panellists will touch on how major property investors and occupiers are responding to the twin crises, whether the pandemic has altered or accelerated their net zero carbon real estate commitments and risk management strategies, and what opportunities could arise from it to build a greener, more sustainable recovery.

Date:                                 Thursday, 9th July 2020
Time:                                 11:00 am – 12:00 pm
Venue:                               Online

Moderator

Joanna Turner, Head of Property Research, Canada Life Investments - 
Joanna has been in her current role since 2015. She is responsible for managing research and strategy, which includes forecasts, thought leadership, house views, quarterly reporting and writing company blogs and research articles. She has a special interest in ESG investing in real estate and is on Canada Life Investments’ ESG Committee, which is responsible for its company-wide strategy.  Joanna has over twenty years’ experience in Property Research & Strategy at a global, European and UK-only level. Prior to Canada Life, she worked as an Associate Director in DTZ’s Global Forecasting & Research team, and has gained experience at major global property fund managers such as AXA Real Estate, LaSalle Investment Management and Invesco, as well as Cushman & Wakefield’s European Research team, where she was a European retail analyst.  Joanna holds an MSc in Real Estate Investment from Cass Business School, City University London and a BA (Hons) from Manchester University. She is a committee member of the Society of Property Researchers and also a member of the Investment Property Forum. She speaks Spanish, German and French, as well as her native English.

Presenter / Panellist

Dr James Nixon, Head of Thematic Research, Oxford Economics - 
James is Head of Thematic Research at Oxford Economics, where his team are responsible for delivering in-depth analysis to inform OE’s long-term economic forecasts. He brings to Oxford Economics extensive experience having worked both in the private and public sector. James was in charge of the international forecast at the Bank of England and was forecast coordinator at the European Central Bank, regularly presenting the respective staff forecasts to the policy making committees of both institutions. He was for seven years Chief European Economist and ‘ECB Watcher’ at Société Générale and was most recently Chief Economist at TheCityUK, where he undertook extensive work on the economic impact of Brexit. He holds a PhD in applied macro-econometric modelling from the University of London and a degree in Natural Science. James has a keen interest in resource constraints and the limits they imply for growth. His current research interests include the economic impact of climate change and the clean energy transition.

Panellists

Abigail Dean, Head of Sustainability, Real Estate, Nuveen - 
Abigail Dean is the Global Head of Sustainability for Nuveen Real Estate. In this role she is responsible for ensuring that the business delivers on its mission to invest in the urban fabric of Tomorrow’s World for the enduring benefit of our clients and society. Abigail oversees our Sustainability Strategy, positioning us a global leader on Environmental, Social and Governance issues so that we can futureproof our buildings and enhance their value, whilst minimising the risk of accelerated depreciation and early obsolescence.  Since joining Nuveen Real Estate, Abigail has overseen the organisation setting a long-term target to reduce energy intensity by 30% by 2030. This commitment responds to and supports the ambitious goals for sustainable real estate established at the 21st annual Conference of Parties (COP21) held in Paris in September 2015. Abigail is a member of Nuveen Real Estate’s Investment Committee and has spearheaded the integration of sustainability considerations into the acquisition process. She is now leading the organisation to develop investment guidelines related to physical and transition climate change risk, as set out in the Taskforce on Climate Related Financial Disclosure Framework. Abigail joined Nuveen Real Estate in 2016. She previously worked at JLL, where she led on sustainability for the Property and Asset Management team in the UK and also held a Director role in JLL’s sustainability consulting team, Upstream. Abigail is passionate about driving sustainable change in the property sector and sits on several industry committees including the GRESB Benchmarking Committee and the INREV ESG committee.

Paul Sutcliffe, Founder and Director, EVORA Global - Paul Sutcliffe is a Director at EVORA and co-founded the company, which launched in 2011. He’s a sustainability professional and has been involved in delivery of strategic sustainability services for 20 years.  Current clients include UBS, Legal and General, PATRIZIA and Europa Capital. Paul is a Chartered Energy Manager, a Chartered Environmentalist and a full member of the Institute of Environmental Management and Assessment.

Emily Norton, Head of Rural Research, Savills - Emily was born and raised on a dairy and arable farm in Norfolk, and studied law at Trinity Hall, Cambridge. She qualified at a City law firm before reading for an MSc in Sustainable Agriculture at Harper Adams UC. This facilitated her return back to the family farm and the foundation of a successful on-farm dairy business. She has served on the board of various local food movements. Emily worked as an agricultural policy advisor to an MEP across the key Brexit period, and expanded her interest in agricultural policy design with a Nuffield Scholarship in 2018. She took on the role as Head of Rural Research for Savills UK Ltd in 2018. Covering the whole of the UK, Emily leads a talented team of data and policy analysts producing market-leading insight and information on rural economy trends and influences, from growing food to green finance. She is a regular press commentator and key note speaker for Savills on sustainability, Net Zero and rural themes. She is a director of the Oxford Farming Conference for 2021-2023.

When
7/9/2020 11:00 AM - 12:00 PM
GMT Standard Time
Where
Online

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