Journal
SUSTAINABILITY
Volume 11, Issue 15, Pages -Publisher
MDPI
DOI: 10.3390/su11154243
Keywords
extreme weather; climate change; loss and damage; resilience; risk management; adaptation; natural hazard; business case
Funding
- U.S. Housing and Urban Development
- U.S. Department of Transportation, University Transportation Centers Program
- Dwight David Eisenhower Transportation Fellowship Program
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Extreme weather, climate-induced events that are episodic (e.g., hurricane, heatwave) or chronic (e.g., sea-level rise, temperature change) in nature, is occurring with increasing frequency and severity. This places a growing and time-sensitive need on the development and implementation of adaptation policies and practices. To motivate adaptive behavior, however, requires the ability to deliver improved risk-informed decision-making capability. At the crux of this challenge is the provision of full and accurate loss and damage accounting of the overall impact of an extreme weather event, enabling the business case to be made for adaptation investment. We define loss and damage as the manifestation of impacts associated with extreme weather that negatively affect human and natural systems. Progress in the development of adequate loss and damage accounting has been hampered by issues, such as discrepancies in conceptual frameworks, problems associated with data quantity and quality, and lack of standardized analysis methodologies. In this paper, we have discussed the conceptual basis for measuring loss and damage, reviewed the state of loss and damage data collection and modeling, and offered a narrative on the future direction of the practice.
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