Kate Simmonds

Senior Physical Risk and Resilience Advisor

Kate is the Senior Physical Risk and Resilience Advisor at the Investor Group on Climate Change. She is responsible for uplifting investor understanding and action on physical risk, advocating for effective adaptation policy, and supporting opportunities for private investment in resilience.

Kate has also worked within IGCC’s Corporate Engagement team, where she focused on the political, economic, and technical challenges of decarbonising the Australian gas sector. She also supported international projects, such as the Climate Action 100+ Sector Strategies and Net-Zero Company Benchmark.

Previously, Kate worked in the insurance sector as a Senior Climate Analyst for WTW. She led the development of their Australia and New Zealand climate change strategy and built their first physical climate risk models, covering bushfire, flood, and cyclone. She was a member of the Insurance Council of Australia’s Climate Change Action Committee and contributed to the Climate Measurement Standards Initiative.

Kate has a Bachelor of Science (Advanced) from the University of Sydney, a First Class Honours in Climate Science from the University of New South Wales and is currently undertaking a PhD at the University of Melbourne.

Activating Private Capital for Climate Adaptation

6 November 2024

New research released as the federal government is working on its next major climate priorities: The National Climate Risk Assessment and Australia's National Adaptation Plan.

Activating Private Investment in Adaptation

Report | Kate Simmonds, Fergus Pitt, Stephen Catchpole, Olivia Kember, Bronte Wild | November 2024

Turning capital flight risk into the next multibillion opportunity

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Submission: National Adaptation Plan to manage physical risks for economy

Submission | Kate Simmonds | 17 April 2024

The first National Adaptation Plan provides is an important opportunity to do this and should consider:
  1. Including a co-developed private finance strategy and plan.
  2. Aligning adaptation across government climate change activities.
  3. Facilitating public-private partnerships and developing frameworks to manage complex adaptation challenges.
  4. Developing and co-funding case studies for best practice private and public-private financing of adaptation and resilience.

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Submission: National Adaptation Plan to manage physical risks for economy

17 April 2024

For institutional investors, adaptation is both a systemic risk and an opportunity. However, for private investment to be directed towards adaptation, there are significant barriers that must be addressed.

Submission: Delivering cheap, clean energy for consumers and green industry

Submission | Bethany Richards | 25 March 2024

IGCC welcomes the expansion as it will facilitate investment in new renewables projects, assisting the decarbonisation of households and grid-connected industry. Investment decisions made today will impact the design of a post-2030 electricity system. It is important for the Government to consider:
  • How the merit assessment’s design may favour certain technology types, and how this may impact the future design of the grids.

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