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Climate Resilience Framework
Climate Resilience Framework
A six-step process to help businesses develop and increase resilience to climate-related hazards and review
performance against business objectives and sustainability.
Scoping
Discuss project drivers with stakeholders to create Deine scope for climate variables, hazards, and
shared vision. timeframe (e.g., present, 2030, 2070).
Review approach options and requirements and Determine scope including relevant business and
select methodology. site elements and systems.
Scoping
Screening Risk
Consider climate trends for relevant hazards Review relevant climate policy, regulatory and
(temperature, precipitation, looding, drought, planning approvals requirements
sea-level change, wind)
Screen business, systems and site elements
Screening against climate hazards to determine high-level
Risk risks and priorities for risk assessment
Apply Science
Determine whether climate data can be gathered Consider collecting other data studies to support
and analyzed internally or externally. project (e.g., looding reports, inundation
If internal, collect climate projections based on a mapping, urban heat island, erosion, etc.
Apply moderate to high emissions scenarios for years Consider GIS to spatially display information.
and scale. Gather long-term (100 yrs) and recent
Science (30 yrs) historical climatic data.
Resilience Options
Identify stakeholders to determine and implement benefts should be considered when assessing
resilience options, and who may beneft from options.
implementation. Integrate preferred climate resilience measures
Review risk assessment for priority options and into business planning, operational procedures
Resilience resilience solutions. and capital design.
Research and rank resilience options for: Document how resilience options address climate
Options effectiveness in responding to climate risk, value risks. Where risks are unaddressed, provide
for money, practical implementation. All business rationale.
Implementation
Justifylarge climate resilience investments Ensure notes are clear in presenting climate risks
with cost beneft analysis. Allocate resources to in operations.
implement lower cost/high beneft options. Ensure appropriate monitoring and review. Build
Assign responsibility for embedding climate risks in review on a fve-year basis.
Implemen- into operational plans.
Document implementation of resilience options
tation and reduced risks achieved for investors, insurers
and customers.