Climate change is arguably an irreversible process and could lead to catastrophic climate change-related risk posed to human lives and activities. Hence, taking effective port adaptation measures to climate change is not a choice but necessity nowadays.
PortEconomics associate member Adolf Ng delivered a seminar presentation at the Sauder School of Business of the University of British Columbia (UBC) on Climate Change and Adaptation Planning for Ports: The Need for a New Paradigm? Adolf argued on the decision-making process to be subject to uncertainty and financial constrains and the challenging task to derive rational decisions through synthesizing uncertain and incomplete data. During the seminar, Adolf presented his analysis on ports’ adaptation to the impacts posed by climate change and discussed whether there is a need to reform the existing port planning paradigm.
The seminar presentation slides can be downloaded here.