Existing and future infrastructure is vulnerable to a changing climate. Identifying these vulnerabilities is necessary in creating a sustainable and resilient community.
Vulnerability Assessments include three components:
Adaptation analysis focuses on comparing a do-nothing ("business as usual") scenario with a proactive adaptation scenario. For adaptation, specific investment strategies and actions are identified to keep pace with stress from a changing climate. A cost-benefit analysis compares the costs on an annual basis for each strategy to inform financial planning.
Optional and mandatory adaptation strategies are separated to identify the most critical investments (such as indoor air quality or energy demand guidelines) and ways to maximize benefit while minimizing potential regrets.
Adaptation Analysis includes two main components:
Resilient Analytics provides a comprehensive look at all potential climate futures available through existing models to help answer the question: "What is the amount of money spent (over/under) if climate change does not manifest as expected?"
A key feature of risk management is to understand the highest impact adaptation investments that can provide benefit across the most climate change projections and reduce the life-cycle cost of infrastructure management. 'High-risk' scenarios can also be analyzed to understand the worst-case scenario and potential impact.
Risk management profiles draw on information from Vulnerability Assessment and Adaptation Analysis to help improve the available information about climate change in a given geographic region and specific infrastructure considerations.