Confronting Climate Uncertainty in Water Resources Planning and Project Design

The Decision Tree Framework

Patrick A. Ray, Casey M. Brown

• Publisher: World Bank
• Year: 2015
• eBook ISBN: 9781464804779
• Topic: Business
• Subtopic: Insurance
• Index: Business

The Decision Tree Framework described in this book provides resource-limited project planners and program managers with a cost-effective and effort-efficient, scientifically defensible, repeatable, and clear method for demonstrating the robustness of a project to climate change. At the conclusion of this process, the project planner will be empowered to confidently communicate the method by which the vulnerabilities of the project have been assessed, and how the adjustments that were made (if any were necessary) improved the project's feasibility and profitability. The framework adopts a "bottom-up" approach to risk assessment that aims at a thorough understanding of a project's vulnerabilities to climate change in the context of other nonclimate uncertainties (for example, economic, environmental, demographic, or political). It helps to identify projects that perform well across a wide range of potential future climate conditions, as opposed to seeking solutions that are optimal in expected conditions but fragile to conditions deviating from the expected.

Table of contents

• Cover
• Contents
• Foreword
• Acknowledgments
• About the Authors
• Executive Summary
• Abbreviations
• 1. Introduction
• 2. Basis for the Decision Tree Framework
• 3. The Decision Tree Framework
• 4. Example Application: Run-of-the-River Hydropower
• 5. Further Guidance for Decision Making under Uncertainty
• 6. Concluding Remarks
• Appendix A: Hydrologic Models
• Appendix B: Worksheets and Report Templates
• Boxes
• Figures
• Table