Climate change is increasing the frequency and severity of extreme weather events worldwide, wherein extreme heat surpasses other climate-related disasters in terms of fatality rates. The World Economic Forum points ‘failure in climate action’ and ‘extreme weather events’ as the gravest global risks, both in immediate and prolonged contexts.
Cities’ population is especially exposed to this threat due to the urban heat island phenomenon, and the effects of climate change are disproportionately felt in urban economic and social marginal communities.
This study investigates the implications of the warming of the urban space in Tel Aviv-Yafo on various economic aspects of the well-being of the city’s clientele (including businesses, tourists, and residents) and the economy of the municipality, in 2050.
For more information, see the English abstract.
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On 10th November 2022, during COP 27, Sharem El-sheikh, Egypt, Prof. Ayalon chaired a session: “Climate change and the city: Health, Welfare and Economic Implications and Adaptation Measures”. She also presented the findings of this research: “It’s all about the money – The climate crisis and its effect on the economy of the city, the municipality and the well-being of the residents in Tel Aviv-Yafo” (See the video below, starting at 1:32:00).
