As
adaptation moves from theory to practice, there is a need to
identify and prioritise adaptation interventions, while ensuring
Value-for-Money (VfM). This
can be particularly difficult given the long time-scales for
climate change and the high uncertainty, and the large number of
possible risks and even larger number of adaptation options to
choose from.
To
support this, DFID has produced a framework and set of tools and
case studies on early VfM adaptation. This
uses an iterative climate risk management approach, as
recommended in the recent IPCC 5th Assessment Report, which
starts by addressing current climate variability and extremes,
and then considers future climate change and uncertainty –
shown in the figure below. In response, three types of
adaptation decisions are identified for early adaptation, each
with different needs in terms of economic analysis and
decision-support.

This
framework can help in sequencing adaptation activities over time
and for identifying early actions that offer good returns on
investment. While it includes a focus on low- and
no-regret options, it also includes priority areas for
mainstreaming and early planning for the long-term.
The
framework can be applied in the scoping phase – in helping to
sequence and prioritise climate risks and possible adaptation options – at both national
planning level and project level.
The framework can also be applied to more detailed
economic appraisal and business case development. For an
introduction to the framework, read more below or click on one
of our introductory videos.
For further information, click on the application of the
framework for early planning (scoping or concept notes) or
appraisal (business cases).
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Watch a short video on the framework:
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Paul Watkiss presents the framework concepts
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Annika Olsson highlights the relevance for
DFID |
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