Risk managment

1. RISK
ANALYSIS
G R O U P 7

2. Key Risk

3. Key Risk
Risks to business sites from flooding (more action
needed - medium confidence, high damages and cost)
Impact 0.5, Probability 0.3 => 0.15
“Shared risk” => business partner with each other

4. Key risk
• Risks to business locations and infrastructure from
coastal change from erosion and extreme weather
events. (more action needed - medium confidence,
medium damages and cost)
• Impact 0.3 Probability 0.3 => 0.09
• “Reduce” => hard engineered protection (e.g., groynes,
rock armour, beach nourishment, seawalls, offshore
breakwaters etc.); land reclamation and re-engineering
(often in estuaries and around ports); soft protection
(e.g. dune nourishment, use of wetlands as a coastal
buffer); and allowing natural processes of erosion and
accretion to occur.
•

5. Key Risk
• Risks to business from disruption to supply chains
and distribution networks (more action needed -
low confidence, unknown)
• Impact 0.2 Probability 0.1 => 0.02
• “Reduce” => businesses are unlikely to turn to the
government for information and support when
seeking to manage climate risks to their supply
chain, instead preferring to make use of their own
in-house expertise or consultant services.
•

6. Thank you and
good bye