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R
isk
G
overnance
and
M
anagement
creation of a framework that allows global scale coordination and
sharing of resources toward improved climate risk management
practice. This is because the scope of the challenge is so enor-
mous that no entity, and indeed no country, can best address its
own challenges in isolation. All countries, particularly develop-
ing countries, can best meet their challenges by having a means
to access relevant global scale observations, state-of-the-art
global climate prediction (and assessment) products, climate and
environmental monitoring information, as well as accumulated
knowledge of effective climate risk management practices, tools,
and methodologies.
All of this could be provided through a suitably organized global
infrastructure. One such option is being proposed as an outcome of
the upcoming World Climate Conference-3. Whether implemented
through this process or not, such a global framework is needed to
seriously address the current climate challenge.
A great deal of attention is given, appropriately, to averting disas-
ters and coping with the potentially disastrous consequences of
climate extremes in developing countries. It is important to recog-
nize that the establishment of effective climate risk management
practices in developing countries offers not only improved ability
to cope with extreme events, but also the opportunity to take
advantage of favourable climate conditions. Strategies that allow
increased investment in agricultural inputs, or increased water allo-
cations during years with enhanced likelihood of plentiful rainfall,
for example, can readily translate into positive social and economic
outcomes. Thus there is much to be gained from establishing inte-
grated approaches to climate risk management that address the full
spectrum of risks and opportunities.
Experience to-date has led to the realization that to make a differ-
ence in operational decision and policy making, attention and effort
needs to be devoted to the interface of climate knowledge/informa-
tion and decision/policy making in key sectors. This work requires
significant and sustained engagement between scientific and tech-
nical experts, practitioners and policy makers; it is most effective
when undertaken in actual problem settings. Such work has been
effectively undertaken through boundary organizations, either inde-
pendently or as units embedded within sector-based organizations.
Regardless of the constructs chosen, a great deal more effort needs
to be invested at this interface to advance climate risk management
practice at the scale needed. To be effective, these efforts need to
be strongly science based, and must enable continuing climate risk
management research and innovation, demonstration, evaluation,
and knowledge sharing. Without this effort, the extensive ongoing
investments, and needed improvements, in climate observing
systems, monitoring, modelling, prediction, and assessment will not
translate into the improved practices that are desired and urgently
needed.
To address the scale of the challenge, there is a need to capture,
distil, and disseminate the accumulating knowledge of effective
climate risk management practices, together with the products that
derive from such knowledge. Each local, regional, or national effort
to advance climate risk management should benefit from the experi-
ence of all other relevant efforts including case studies, publications,
data streams and training resources, as well as specialized informa-
tion (including prediction) products and decision support tools.
Only through such a knowledge management effort can collective
global investments be tapped in servicing the needs of countless
communities that must act to better manage climate risk.
Another opportunity lies in developing the means
to coordinate efforts in evaluating the effectiveness of
information products and strategies – a process for
establishing, reviewing and updating good practices
both in technical as well as implementation aspects
of climate risk management practices. This would
naturally evolve as an element of a coordinated global
framework, but at any scale the importance of credible,
widely available information on good practices cannot
be overestimated.
Throughout the world, but particularly in developing
countries, the successful implementation of (sustain-
able) improved climate risk management practices
depends heavily on establishing awareness, and the
technical and institutional capacity to take up infor-
mation and employ it effectively. Addressing this will
require substantial support from capable institutions
committed to and resourced for capacity building and
training, ideally organized at some level as part of a
larger framework. In addition, looking toward the
future, the greatest opportunities for significant progress
in climate risk management rest with a community of
professionals throughout all relevant sectors of society
who are educated to be able to interpret climate infor-
mation and to apply it in their fields of practice. There
is an important role here for academic institutions in
developing the necessary educational curricula and
programmes.
One of the important lessons learned from work
to-date is that from the decision-making perspective,
managing climate is rarely just an issue of the present
season, and equally rarely just an issue of the longer-
term future. Rather, in most climate-sensitive policy,
planning and operational settings, particularly in
developing countries, there are significant concerns
with managing climate risks and opportunities across
a spectrum of timescales ranging from the present to
20-30 years ahead. The information available to support
risk management at the subseasonal, seasonal-to-inter-
annual, and decadal timescales differs substantially.
Nonetheless, efforts need to be made to address risk
assessments and management strategies in an integrated
manner, drawing on all available information, tailored
to the problem at hand.
Presently, IPCC projections cannot capture any
predictability associated with decadal climate vari-
ability, and at this stage are not expected to represent
the uncertainties associated with this variability
correctly. Although research is being devoted to this,
and needs to be accelerated, in the meantime the best
practices in longer-term risk assessment will need to
add information from analysis of historical climate
records to make the best possible risk assessments. A
time frame integrated strategy that addresses current
risks, assesses robustness with respect to best esti-
mates of longer-term risks, and adopts relevant
contingency planning – in effect, adaptable adapta-
tion – is the approach that holds the greatest promise
and utility in practice.
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