CLIMATE RESILIENCE IN FINANCIAL PLANNING

We offer a feature looking at the Irish government’s new Transport Sectoral Adaptation Plan (T-SAP II) which sets out new measures to make the transport system resilient to storms, floods, heatwaves, and sea-level rise?  For accountants, this plan has direct financial and reporting implications: infrastructure upgrades, maintenance programs, and climate adaptation projects will affect budgeting, asset valuation, depreciation, and risk management. Firms involved in transport or public-private partnerships will need to track climate-related capital expenditures, forecast long-term maintenance costs, and integrate potential insurance or liability impacts. This feature explores how accountants can embed climate resilience into financial planning, reporting, and strategic decision-making in the sector.