Economic indicator system for adaptive monitoring of compound climate change risks

Climate change adaptation requires proactive development of adaptive planning strategies. To implement such strategies, it is crucial to identify indicators that can monitor and signal approaching adaptation thresholds. While existing research has focused on physical and hazard-based indicators, add...

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Main Authors: Zoe Qu, Wei Yang, Andrew Allison, Paula Blackett
Format: Article
Language:English
Published: Elsevier 2024-12-01
Series:Societal Impacts
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Online Access:http://www.sciencedirect.com/science/article/pii/S2949697724000389
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author Zoe Qu
Wei Yang
Andrew Allison
Paula Blackett
author_facet Zoe Qu
Wei Yang
Andrew Allison
Paula Blackett
author_sort Zoe Qu
collection DOAJ
description Climate change adaptation requires proactive development of adaptive planning strategies. To implement such strategies, it is crucial to identify indicators that can monitor and signal approaching adaptation thresholds. While existing research has focused on physical and hazard-based indicators, addressing social and economic indicators is essential for informed decision-making. This research aims to fill this gap by compiling 298 economic indicators across six categories: fiscal factors for central, regional, and local governments; financial system indicators; indicators for industries, businesses, and public organisations; and indicators for identifying socially vulnerable populations due to climate change. Derived from previous studies and the national climate change risk assessment framework, these indicators aim to provide policymakers at all levels and communities with a ready-to-use toolbox for monitoring climate change economic risks. Additionally, the research identifies measurable indicators as well as those that cannot currently be measured but could potentially be quantified. Future work involves further analysis and mapping of these indicators to form a cohesive set warning of the need for adaptation measures, aiming to equip decision-makers with tools to address the economic impacts of climate change.
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spelling doaj-art-c1bbde1ff1bd4146aa273d1972e7ed1e2025-08-20T02:38:46ZengElsevierSocietal Impacts2949-69772024-12-01410007310.1016/j.socimp.2024.100073Economic indicator system for adaptive monitoring of compound climate change risksZoe Qu0Wei Yang1Andrew Allison2Paula Blackett3National Institute of Water and Atmospheric Research, Hamilton 3216, New ZealandNational Institute of Water and Atmospheric Research, Hamilton 3216, New Zealand; Centre of Excellence - Transformative Agribusiness, Lincoln University, Canterbury 7647, New Zealand; Corresponding author at: National Institute of Water and Atmospheric Research, Hamilton 3216, New Zealand.National Institute of Water and Atmospheric Research, Hamilton 3216, New ZealandNational Institute of Water and Atmospheric Research, Hamilton 3216, New ZealandClimate change adaptation requires proactive development of adaptive planning strategies. To implement such strategies, it is crucial to identify indicators that can monitor and signal approaching adaptation thresholds. While existing research has focused on physical and hazard-based indicators, addressing social and economic indicators is essential for informed decision-making. This research aims to fill this gap by compiling 298 economic indicators across six categories: fiscal factors for central, regional, and local governments; financial system indicators; indicators for industries, businesses, and public organisations; and indicators for identifying socially vulnerable populations due to climate change. Derived from previous studies and the national climate change risk assessment framework, these indicators aim to provide policymakers at all levels and communities with a ready-to-use toolbox for monitoring climate change economic risks. Additionally, the research identifies measurable indicators as well as those that cannot currently be measured but could potentially be quantified. Future work involves further analysis and mapping of these indicators to form a cohesive set warning of the need for adaptation measures, aiming to equip decision-makers with tools to address the economic impacts of climate change.http://www.sciencedirect.com/science/article/pii/S2949697724000389Social and Economic Indicator SystemClimate Change RisksDynamic Adaptive Pathways Planning
spellingShingle Zoe Qu
Wei Yang
Andrew Allison
Paula Blackett
Economic indicator system for adaptive monitoring of compound climate change risks
Societal Impacts
Social and Economic Indicator System
Climate Change Risks
Dynamic Adaptive Pathways Planning
title Economic indicator system for adaptive monitoring of compound climate change risks
title_full Economic indicator system for adaptive monitoring of compound climate change risks
title_fullStr Economic indicator system for adaptive monitoring of compound climate change risks
title_full_unstemmed Economic indicator system for adaptive monitoring of compound climate change risks
title_short Economic indicator system for adaptive monitoring of compound climate change risks
title_sort economic indicator system for adaptive monitoring of compound climate change risks
topic Social and Economic Indicator System
Climate Change Risks
Dynamic Adaptive Pathways Planning
url http://www.sciencedirect.com/science/article/pii/S2949697724000389
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AT weiyang economicindicatorsystemforadaptivemonitoringofcompoundclimatechangerisks
AT andrewallison economicindicatorsystemforadaptivemonitoringofcompoundclimatechangerisks
AT paulablackett economicindicatorsystemforadaptivemonitoringofcompoundclimatechangerisks