Thursday, March 22, 2012

Change Modeling

I like the term "Change Modeling" that I recently ran across in Water Security: The Water-Food-Energy-Climate Nexus by The World Economic Forum Water Initiative.

The book points out society's ability to manage our water-food-energy-climate challenges is impaired by seemingly intractable informational, political, economic, and institutional challenges.  Decision-makers need substantially more data and analytic support to reconcile water demands at local regional levels and to build consensus among water demands at local and regional levels and to build consensus among users for adaptive water resource and risk management.  The requirement for additional data falls among tasks such as systems modeling, infrastructure optimization, policy optimization, and ecosystem management.

The need for "Change Modeling" is also highlighted in this same context - - How are the mean and variance characteristics of supply and demand likely to change under various economic and climatic scenarios?  What are the implications from the increasing frequency of weather extremes in the short term?  What are the implications for risk prevention, mitigation, and transfer?

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