RDM has many attributes that align with the
concept of adaptive management (Lempert and Groves, 2010) and the
approach has been widely recommended for adaptation. The MEDIATION
project has reviewed this potential application.
RDM
seeks strategies (or policies or options) that are robust
(‘good enough’). It therefore offers an alternative
to a conventional cost-benefit analysis, which identifies optimal
options on the basis of economic efficiency (in the case of climate
change adaptation, using impact assessment in a predict-then-optimise
framework).
It provides an alternative tool for
decision-support which incorporates uncertainty explicitly, minimising
regret (in contrast to maximising expected utility), and can play a
role in translating the theoretical concepts of adaptive management
into quantitative actions, by selecting options that are robust across
a widerange of plausible (climate) futures. This is particularly
valuable in cases where the climate model projections are highly
uncertain, as is the case for precipitation changes (see
briefing note 1).
The
formal application of the approach can also be used to consider wider
uncertainty (e.g. in relation to socio-economic future, impact
uncertainty) and thus is a potential powerful tool for full uncertainty
analysis. The formal approach can also be used with interim performance
(measurement) review or evaluation, which aligns it more closely to the
iterative adaptation management concepts of monitoring, research,
evaluation and learning. The informal application for adaptation
focuses on analysing climate uncertainty only, i.e. surrounding climate
model projections or climate information.