Page - 411 - in Loss and Damage from Climate Change - Concepts, Methods and Policy Options

17 SupportingClimateRiskManagementatScale… 411 Fig.17.9 Zurich Flood Resilience Measurement Framework implementation process. Source Keatinget al. (2017) TheFRMCframeworkismeanttoconsistentlymeasuredynamicprogress(orlack thereof)over timegiven internal andexternal resiliencedeterminants. It canalsobe applied at a fixed point in time, as done forNepal in order to statically assess and compare resiliencewithaverage resilienceacrossall communities (seeFig.17.10). 17.5.3 TowardsTruly InformingDecision-Making: Decision-SupportTechniques Resilienceisgenerallybuiltbyimplementingefficient,effectiveandacceptablemea- sures.There are avarietyofdecision-support tools for evaluating suchoptions (see Table 17.1). Ultimately, economic efficiency underlying Cost-Benefit-Analysis is only one decision-making criterion of relevance for prioritising DRR flood risk reduction investments. Decisions on investments to increase flood risk resilience are likely tobemadebasedonanumberofcriteria, someofwhicharemoreor less transparent (Mechler 2016). Criteria such as risk-effectiveness, robustness, equity anddistributionalconcerns,andacceptabilityhavebeenfoundtobekeyfordeciding onimplementingDRRprojects.Thereareotherdecisionsupport techniquessuchas