When the set of options contains
at least one long-term option, the decision may take account of future
outcomes. The next relevant decision node therefore concerns whether
reliable impact studies or models are available for computing impacts
of adaptation options, i.e. the residual impacts.
If
residual impacts cannot be computed, the task to address depends on
whether the analyst is considering current or future climate risk. When
considering risks from current variability and residual impacts cannot
be computed, the appropriate task is to apply expected value decision
frameworks (e.g. CBA, CEA, MCA) based on knowledge of the current
situation. This is because in the absence of knowledge on the future
climate, the most appropriate course of action is to ensure the
selection of the best option in the current climate. When considering
risks from future climate and residual impacts cannot be computed, the
best course of action may once again be to postpone the decision and
observe.
If residual impacts can be computed,
scenario-based projections of future impacts (see Toolbox section
on Modelling future impacts) and valuation can be carried out
to calculate impacts for each option considered.
This section is based on the UNEP PROVIA guidance document |
1. | You want to appraise adaptation options. | |
2. | The focus is either on collective actions and there are no conflicting interests of private actors, or the focus is on individual collective actions. | |
3. | Decisions can be formalised. | |
4. | The set of options does not only include short term ones. | |
5. | As a next step you are faced with the question whether residual impacts can be projected. |