By Thomas Schinko, research scholar in the IIASA Risk and Resilience Program.

The hurricanes that swept across the Atlantic in the last few months had terrifying, and in Irma’s case record-breaking, power. They flattened homes and destroyed electricity grids, flooded schools and even threatened the integrity of whole nations. Could some of that immense power provide the impetus we need to switch from talking about climate-related risks and damages to doing something about them proactively?

On top of the hurricanes, in just the last two months the world has seen major flooding in Asia, and scorching heatwaves in southern Europe. While climate-related risks are shaped by many factors, the science shows that climate change is loading the dice, making certain extreme events more likely, and providing more favorable conditions for their formation.

Many are pessimistic about our abilities or inclination to heed the wake-up call. They worry that current political divisions and governance structures will leave us dead in the water.

I have hope. I have been working with colleagues on a way forward on managing climate-related risks that defuses the political nature of the debate and helps forging a stakeholder compromise. At all governance levels and all across the globe, disaster risk management has a long and proven track record for dealing with climate-related and other geophysical extremes, such as earthquakes and volcanic eruptions. This established and politically uncontroversial setting is the point of departure for the concept of ‘climate risk management’. This new concept aims to deal with disaster risk reduction and climate change adaptation at the same time, providing a way to circumvent the political hurdles and strengthen global ambitions to tackle climate-related risks.

Aligning climate change adaptation and disaster risk management

In the medium to long term, climate change and adaptation must be incorporated into all kinds and levels of decision and policy making. We can achieve this by increasing understanding of the risks of climate change, and adjusting policy and practice over time according to the latest knowledge and expertise. The importance of climate change is already being recognized in diverse decisions and policies. Just recently, for example, Hong Kong Airport announced that the project to build a third runway incorporated sea level rise projections by the Intergovernmental Panel on Climate Change, and based on that will include the construction of a sea wall, standing at least 21 feet above the waterline.

Broad stakeholder participation

Putting climate risk management into practice requires balancing the perceptions of climate-related risks of all involved. This calls for a process that involves the participation of those in politics, public administration, civil society, private sector and research.

Putting climate risk management into practice requires balancing the perceptions of climate-related risks of all involved. © Aleksandr Simonov

This may sound excessively time consuming, or even impossible, but it’s not. I know that because I am involved in helping to apply climate risk management in the context of flood risk in Austria. We are only just embarking on the process, and it is lengthy, involving extensive collaboration with relevant ministries, departments, and the private sector—such as insurance companies—but ultimately it can help to co-create a strong policy for the future.

Despite considerable uncertainties in establishing a strong causal link to anthropogenic climate change as risk driver, by employing climate-relevant science to decision making on existing short-term risks we were able to kick-start a process to act on flood risk in the country. This includes critically reflecting on existing policy tools, such as the Austrian disaster fund, and injecting aspects of climate-related risk into long-term budget planning processes.

New solutions to tackle increasing levels of climate risk

As risks increase, however, moving beyond incremental adjustments of existing policy tools is imperative, and totally new solutions will have to be found. Tackling erosive and existential climate-related risks, which lead to the complete loss of people’s and communities’ livelihoods, would require truly transformational action. Such risks are currently discussed under the Warsaw International Mechanism for Loss and Damage associated with Climate Change Impacts, which was established in 2013 at the 19th Conference of the Parties to the UN Framework Convention on Climate Change.

For the case of increasingly intolerable flood risk this could mean that in the future raising dikes might not suffice and governments may need to start supporting alternative livelihoods (for example, switching from farming to services sectors); providing climate-resilient social protection schemes; or assisting with voluntary migration. This requires climate risk management to be a learning process itself; flexible towards adjusting to any ecological, societal or political transformations.

Towards transformational climate risk management

To tackle the substantial challenges imposed by increasing climate-related risks, truly transformational thinking is needed. By accounting for underlying socioeconomic and climate-related drivers of risk, as well as for different stakeholder perceptions, climate risk management allows compromises to be achieved that translate into concrete but adaptable action.

Assam Integrated Flood and Riverbank Erosion Risk Management Investment Program in India. © Asian Development Bank

Transformational thinking requires reframing of the overall problem over time. Reframing, in this context, refers to a change in the collective view on climate-related risks and how to tackle those. Taking again flood risk as a case in point, comprehensive flood risk management plans that are based on broad stakeholder participation processes and that allow for adaptive updates over time could be created. In the short term, re-evaluating existing measures may lead to an incremental adjustment of existing flood risk management efforts. The transformative notion comes in over time via proactively discussing trends in climate-related risks, which might eventually lead to the design of new policies and implementation measures, potentially also requiring alternative governance structures.

What is needed next is to provide space and resources for putting climate risk management processes, such as outlined here, into action. It would be a wise decision to seize the historic chance provided by the current alertness to the issue and start taking proactive action on today’s and future losses and damages due to climate-related risks.

Note: This article gives the views of the author, and not the position of the Nexus blog, nor of the International Institute for Applied Systems Analysis.