A Risk Management Approach to Climate Change Adaptation

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Jones, Roger ORCID: 0000-0001-6970-2797 (2010) A Risk Management Approach to Climate Change Adaptation. 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.

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
URI https://vuir.vu.edu.au/id/eprint/9882
Official URL http://www.nzclimatechangecentre.org/sites/nzclima...
ISBN 9780473163662 (print), 9780473163679 (online)
Subjects Historical > FOR Classification > 1402 Applied Economics
Historical > FOR Classification > 1605 Policy and Administration
Historical > SEO Classification > 9603 Climate and Climate Change
Historical > Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
Keywords ResPubID20948, environmental impact analysis, hedging adaptation, mitigation, forecasting, regional change, anticipatory adaptation
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