Economic Evaluation of Climate Change Adaptation Strategies for Local Government: Ku-ring-gai Council Case Study

This report describes work in progress on research undertaken jointly by Macquarie University, Bond University and Ku-ring-gai Council between July 2008 and February 2009. This research addressed the need for sound and defensible information on which to base adaptation decisions at the local level. The research goal was to develop an economic model for evaluating and prioritising local councils' options for investing in climate change adaptation decisions that could assist both policy and operational decision-making by integrating current adaptation knowledge with policy and planning processes under Quadruple Bottom Line governance (QBL) which include social, environmental, financial considerations. Model outputs were to be consistent with the Global Reporting Initiative (GRI) protocols that have been adopted by business and industry, and more recently, by local government authorities including Ku-ring-gai Council.