A reality check for the applicability of comprehensive climate risk assessment and management: Experiences from Peru, India and Austria

Abstract

Climate-related risks are a major threat to humanity, affecting the lives and livelihoods of communities globally. Even with adaptation, climate change is projected to increase the severity of risks, leading to impacts and residual risks, also termed losses and damages. Frameworks and approaches using Climate Risk Management (CRM), an integration of Disaster Risk Reduction, Climate Change Adaptation, and sustainable development, are being devised to support the comprehensive management of increasing climate-related risks. Here we discuss to what extent comprehensive CRM has been implemented in three specific cases – in Peru, India and Austria. The approach is conceptually represented and evaluated using a CRM framework. The cases deal with risks associated with glacial lake outburst floods, sea level rise, tropical cyclones, salinization, riverine floods and agricultural droughts. Ultimately, we synthesise policy and research recommendations to help understand what is feasible for CRM approaches applied in practice. We find that successful CRM implementation in practice benefits from being flexible, and participatory from beginning to end, whilst considering compounding risks, and the spectrum of (just and equitable) incremental to transformational adaptation measures necessary for attending to current and projected future increases in climate-related risks.

Keywords

• Climate-related risk
• Climate risk management
• Case study
• Adaptation
• Transformation
• Losses and damages