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A Hybrid Process to Address Uncertainty and Changing Climate Risk in Coastal Areas Using Dynamic Adaptive Pathways Planning, Multi-Criteria Decision Analysis & Real Options Analysis: A New Zealand Application

Judy Lawrence, Robert Bell and Adolf Stroombergen
Additional contact information
Judy Lawrence: New Zealand Climate Change Research Institute, Victoria University of Wellington, Wellington 6140, New Zealand
Robert Bell: National Institute of Water and Atmospheric Research, Hamilton 3216, New Zealand
Adolf Stroombergen: Infometrics, Wellington 6146, New Zealand

Sustainability, 2019, vol. 11, issue 2, 1-18

Abstract: Decision makers face challenges in coastal areas about how to address the effects of ongoing and uncertain sea-level rise. Dynamic adaptive pathways planning (DAPP) and Real Options Analysis (ROA) can support decision makers to address irreducible uncertainties in coastal areas. This paper sets out what we learned by complementing multi-criteria decision analysis with DAPP and ROA when developing a 100-year coastal adaptation strategy in Hawke’s Bay, New Zealand. Lessons include the value of collaborative community and decision maker processes for increasing understanding about the changing risk over time, and the need to take early actions that enable a shift in pathway before those actions become ineffective. Modifications to the methods highlighted the importance of using several plausible scenarios for stress-testing options; considering costs and consent-ability early, to avoid the perception that hard protection will last; which criteria are appropriate for communities to assess; and making many pathways visible for future decision makers. We learned about the difficulties shifting thinking from short-term protection actions to longer-term anticipatory strategies. We found that a pathways system will require ongoing political leadership and governance with monitoring systems that can manage the adaptive process over long timeframes, by governments and their constituent communities.

Keywords: decision pathways; decision making under (deep) uncertainty; climate change adaptation; stakeholder engagement (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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