The project will use a Climate Risk Management Framework to analyse economic and environmental data to determine the climate risk posed, the costs of these risks and possible adaptation options. A Cost Benefit Analysis will be used to develop priority adaptation options for each scenario across a range of different economic and climate change scenarios over the short, medium and long term. This will also recognize the potential for delayed action. This project is intended to illustrate potential future scenarios, based on the information available. The project will aim to be consistent with the activities of the P-CBA initiative
Demonstrate the use of CBA in CRM context and make informed adaptation choices in the short, medium and long term
· Build on ongoing activities and leverage support from other partners and projects
· Build on local capacity to undertake future economic analysis in support of climate change adaptation decisions
· Further strengthen partnerships between government agencies and other stakeholders in-country