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Advancing capacity to adapt to climate change: addressing information needs in the Australian property industry

Advancing capacity to adapt to climate change: addressing information needs in the Australian... The purpose of this paper is to understand the sources of climate change information used and trusted by key stakeholders in the Australian property industry, their information needs and their capacity to translate that information into decision-making.Design/methodology/approachQualitative research applying in-depth interviews with 24 key stakeholders from a diverse range of property/real estate companies in Australia.FindingsThis research identified a wide range of information types used by key stakeholders, ranging from reliance on unsophisticated mass media reporting to detailed analysis of scientific research. The capacity of stakeholders to translate this information for their organisation was polarised; 11 of the 24 interviewees indicated they had the capacity, while the other 13 indicated they did not, often owing to time horizons or lack of current interest within the organisation or from clients.Research limitations/implicationsThis research was limited to 24 in-depth interviews and is not intended to be a representative sample. However, this limitation is offset by the fact that a diverse range of stakeholders were interviewed and an in-depth and rich understanding has been provided about their approach to climate change.Practical implicationsThe results can inform the development of better communication channels for climate change for the property industry by supporting science-practice collaborations in the timely and effective dissemination of research. This is important to understand given the identified need to bridge the gap among research, policy and practice.Social implicationsClimate change poses significant challenges and risks for built environments. The property industry, as a key stakeholder, has great potential to influence current practices. The results reported here assist in addressing these challenges.Originality/valueAt present, limited research globally has been conducted about climate change actions in the property industry. This research responds to this gap. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of European Real Estate Research Emerald Publishing

Advancing capacity to adapt to climate change: addressing information needs in the Australian property industry

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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1753-9269
DOI
10.1108/jerer-03-2020-0017
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to understand the sources of climate change information used and trusted by key stakeholders in the Australian property industry, their information needs and their capacity to translate that information into decision-making.Design/methodology/approachQualitative research applying in-depth interviews with 24 key stakeholders from a diverse range of property/real estate companies in Australia.FindingsThis research identified a wide range of information types used by key stakeholders, ranging from reliance on unsophisticated mass media reporting to detailed analysis of scientific research. The capacity of stakeholders to translate this information for their organisation was polarised; 11 of the 24 interviewees indicated they had the capacity, while the other 13 indicated they did not, often owing to time horizons or lack of current interest within the organisation or from clients.Research limitations/implicationsThis research was limited to 24 in-depth interviews and is not intended to be a representative sample. However, this limitation is offset by the fact that a diverse range of stakeholders were interviewed and an in-depth and rich understanding has been provided about their approach to climate change.Practical implicationsThe results can inform the development of better communication channels for climate change for the property industry by supporting science-practice collaborations in the timely and effective dissemination of research. This is important to understand given the identified need to bridge the gap among research, policy and practice.Social implicationsClimate change poses significant challenges and risks for built environments. The property industry, as a key stakeholder, has great potential to influence current practices. The results reported here assist in addressing these challenges.Originality/valueAt present, limited research globally has been conducted about climate change actions in the property industry. This research responds to this gap.

Journal

Journal of European Real Estate ResearchEmerald Publishing

Published: Dec 5, 2020

Keywords: Property; Adaptation; Real estate; Climate change; Information and communication

References