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Project title

Methodologies for Financing and Costing of Climate Impacts and Future Adaptation Actions

Primary Funding Agency

Environmental Protection Agency

Co-Funding Organisation(s)

n/a

Lead Organisation

Gavin and Doherty Geosolutions Ltd.

Lead Applicant

Enrique Acosta

Project Abstract

The TACT project will develop a methodology for quantifying the losses associated with extreme weather events for urban areas in Ireland due to the impacts on transport infrastructure, coastal assets and the built environment. The project will develop and implement a risk assessment methodology for a select region to quantify the direct and indirect losses associated with the extreme weather events. Examined extreme weather hazard scenarios will include flooding and storm events, and various future climate change scenarios will be considered. The project will examine climate change adaptation strategies, including hard and soft engineering measures and will quantify the risk reduction associated with various strategies. Significant stakeholder engagement will be undertaken as part of the TACT project, whereby workshops will be hosted to assist in quantifying the impacts based on existing consequence data, to provide cost estimates in terms of direct damage to transport, coastal and building assets, as well as indirect cost estimates (e.g. economic losses due to transport disruption) and to consider risk financing options. The objective of the TACT project is to establish a cross-sectoral risk assessment methodology and adaptation planning framework that can be used to inform climate change adaptation policy in Ireland.

Grant Approved

�96,414.32

Research Hub

Climate Change

Research Theme

Ireland's Future Climate, its Impacts, and Adaptation Options

Start Date

03/12/2018

Initial Projected Completion Date

02/12/2019