Reforms to address barriers to effective climate change adaptation should be assessed on a case-by-case basis to determine whether they are likely to deliver net benefits to the community. This should include consideration of any risks to their implementation.
If there is a high degree of confidence that reforms will deliver net benefits, they should be implemented without delay.
If there is uncertainty about the net benefits of reform options, there could be a case for delaying implementation or adopting a flexible approach until decision makers have better information on the factors that affect their decisions, particularly if the up-front costs are large and the benefits are likely to be distant.
REC205-1895
SrcNUM
Recommendation 1
RecCODE
INQref