Accounting for adaptive capacity in FCERM options appraisal

Provides tools to make sure that future flexibility is properly valued in FCERM decision making and options appraisal.

• From: Flood and Coastal Erosion Risk Management Research and Development Programme and Environment Agency
• Published: 24 February 2021

• Category: Policy, governance and funding
• Topics: Adaptation, Appraisal strategy, Decision making with uncertainty, Flood costs, Flood risk governance
• Project status: Completed
• Project code: SC110001
• Date of completion: 16 March 2018

Documents

Accounting for adaptive capacity in FCERM options appraisal - summary (140 KB) PDF

Rhoi cyfrif am y gallu i ymaddasu mewn arfarniad opsiynau Rheoli Perygl Llifogydd ac Erydu Arfordirol - Welsh summary (640KB) PDF

Accounting for adaptive capacity in FCERM options appraisal - report (2.35 MB) PDF

Accounting for adaptive capacity in FCERM options appraisal - user guide (1.35 MB) PDF

Decision tree analysis (841 KB) EXCEL

Option screening analysis (125 KB) EXCEL

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Details

Adaptive capacity is the ability to adjust to future change in order to take advantage of opportunities that arise and appropriately manage additional risks that are presented.

The Environment Agency has produced a guide that provides tools to make sure that future flexibility is properly valued in Flood and Coastal Erosion Risk Management (FCERM) decision making and options appraisal. This will help to identify cost-effective solutions, which are able to cope with multiple future uncertainties.

The new tools and guide will supplement existing appraisal guidance, providing practical tools that can be used to assess the value of building in future flexibility.

Published 24 February 2021