Test Impact Area

Global value chains that have adopted centralized structures to take advantage of economies of scale can be particularly vulnerable to disruptions like severe natural hazards, since a disaster in one critical location can quickly reverberate throughout the entire value chain. While some companies today do provide climate risk and resilience assessments, the industry needs to become much more widespread to address the needs of businesses and municipalities around the world. The objective of this impact pathway is to accelerate the rate at which climate risk and resilience planning becomes sufficiently widespread to meet this need by addressing technical challenges that inhibit progress towards this goal.

This pathway has three focus areas which are each challenges that inhibit widespread climate risk analysis and resilience planning that the consortium is focused on addressing: 1) how to improve projections of environmental risk levels, 2) how to improve the estimate of the impact a given natural hazard would have on the value chain with and without adaptation, and 3) how to design and evaluate adaptation strategies against each other.

The following MCSC Seed Awards Projects have strong links to this theme:

• Collaborative community mapping toolkit for resilience planning
• CP4All: Fast and local climate projections with scientific machine learning — towards accessibility for all of humanity
• Toolkit for assessing the vulnerability of industry infrastructure siting to climate change

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