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A Risk Management Approach to Climate Change Adaption

Jones, Roger N (2010) A Risk Management Approach to Climate Change Adaption. In: Climate change adaptation in New Zealand : future scenarios and some sectoral perspectives. Nottage, Richard A. C, Wratt, David S, Bornman, Janet F and Jones, Keith, eds. New Zealand Climate Change Centre, Wellington, New Zealand, pp. 10-25.

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Abstract

This paper addresses ways in which climate information can be used to manage climate change risks. The aim is to maximise decision-making on adaptation by managing uncertainty. Many governments, including those of New Zealand and Australia, have endorsed risk management as the principal method for assessing adaptation options for climate change. The methods they recommend are developed from the standard approach to climate impact assessment, which is largely predictive in nature. While useful, this approach can be integrated with others. Incorporating predictive and diagnostic approaches, the use of planning horizons linked to types of adaptation and likelihoods expressed as the probability of exceeding a given level of outcome are proposed as methods to improve decision-making.

Item Type: Book Section
ISBN: 9780473163662 (print), 9780473163679 (online)
Uncontrolled Keywords: ResPubID20948, environmental impact analysis, hedging adaptation, mitigation, forecasting, regional change, anticipatory adaptation
Subjects: FOR Classification > 1402 Applied Economics
FOR Classification > 1605 Policy and Administration
SEO Classification > 9603 Climate and Climate Change
Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
Depositing User: VUIR
Date Deposited: 28 May 2013 07:39
Last Modified: 10 Mar 2015 00:26
URI: http://vuir.vu.edu.au/id/eprint/9882
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