Step 4:

Implementing & monitoring an adaptation strategy

Adaptation strategy vs. single measures

Going beyond single measures for adaptation, this module assists you in developing a full-fledged adaptation strategy. It hereby builds on the measures which you have identified and analysed in the last module.  The module will guide you in comprehensively managing risks as well as seizing opportunities from climate change.

Deciding on adaptation strategy vs. single adaptation measures

The first step is to decide whether and how your company wants to develop an adaptation strategy or measures for climate change adaptation. Obviously, the financing situation strongly influences this decision; also the amount of time and the capacities you are able to invest can pose challenges. Your adaptation activities need to reflect which resources are available; it is then necessary to decide how to put these to use. If resources are very limited, identifying and implementing a number of important and urgent single adaptation measures might be a better option than the development of a comprehensive strategy.

Elements of a strategy

A strategy has the same starting points as single measure based adaptation – the risk and opportunities assessment. However, a key difference is that objectives are formulated that go beyond the effect of each single measure. Further, the measures are assessed in which way they contribute to these objectives and their effectiveness is monitored. Also, efforts to communicate the strategy are undertaken. The strategy needs to be regularly reviewed, and its objectives and communication regularly adapted. Finally, it also needs to be integrated into the overall company strategy where it relates to long-term objectives that go beyond risk mitigation.

Elements of an adaptation strategy
Source: adelphi

How to develop an adaptation strategy