The MBEKTN Climate Change Adaptation group, in collaboration with the Environment Agency and Climate Ready, have published guidance on making the business case for climate change adaptation in the UK built environment.
The full toolkit can be downloaded from https://connect.innovateuk.org/documents/3239554/6021573/Climate%20Change%20Adaptation%20Business%20Case%20Guidance
Difficulty in making the financial or economic argument for investing in adaptation measures has been highlighted as one of the main barriers to climate change adaptation in the UK built environment sector, reflected in a recent survey of built environment professionals (https://connect.innovateuk.org/web/modernbuiltktn/article-view/-/blogs/trackback/evaluating-the-knowledge-of-climate-change-adaptation-in-the-industry-). This toolkit is for those working in the built environment sector, including planners, developers and designers. It provides guidance and information sources on:
How to begin to assess and communicate the business case for climate change adaption in the built environment, and
How to realise developments which are resilient to the effects of a changing climate.
It will aid the identification of opportunities to factor in climate change adaptation and support the delivery of buildings which are more resilient to a changing climate. This guidance can be used by professionals in the built environment sector who want to know how adaptation can be taken into account at different stages of the development, such as masterplanning, concept design and detailed design. It is applicable to both new development and refurbishment, and for building and landscaping projects.
The aim of the guidance is to present an approach, requiring little technical economics knowledge, which can be used to encourage project partners to integrate climate adaptation measures into projects by:
Determining relevant climate risks and those risks that are highest priority for the project;
Identifying no cost and low cost measures that can get a project on the pathway to adaptation; and
How to determine the cost effectiveness of win-win and higher cost adaptation measures.