In collaboration with UTS Institute for Sustainable Futures, we undertook research and prepared a report, The Use of Climate Scenarios in Australia, for the Australian Government Department of Agriculture, Water and the Environment.
Back in 2021, increasingly more organisations and businesses were looking to ‘scenario planning’, in which available data informs a series of possible outcomes (‘scenarios’) in order to make assessments of the future. Climate scenarios were becoming more popular among organisations that want to understand the risks and opportunities associated with different climate futures and weigh possible responses based on those futures.
In 2020-2021, Climate KIC Australia together with the Institute for Sustainable Futures at UTS undertook research and prepared a report, The Use of Climate Scenarios in Australia, for the Australian Government Department of Agriculture, Water and the Environment. The report includes case studies and guidance documents for how organisations can use climate scenarios to better understand physical and transitional risks and opportunities.
The research incorporated a literature review, case studies and foundational information on climate scenario development and use, which were intended to underpin the future development of national guidance on approaches to climate scenarios. It also provided high-level guidance for how organisations can use climate scenarios to better understand physical and transition risks and opportunities for use in decision-making and strategic planning.
The report contains: