WeatherStrategy LLC

Scenario planning is a technique used to help organizations understand the future by creating a set of plausible scenarios that could unfold. This can be a helpful tool for understanding the potential impacts of changes of climate on an organization's business.

To use scenario planning to understand changes in the climate, organizations need to first define the purpose of the scenario planning effort, determine the key question to be answered and the time frame of the scenarios. Next, an organization would need to identify the key drivers related to changes in the climate. These drivers could include things above/below normal temperatures and above/below precipitation. At this point, the organization can begin to develop a set of scenarios that reflect different possible outcomes of changes in the climate.

The scenarios should be developed in a way that is realistic and considers the full range of potential impacts. The organization should also consider the potential impacts of changes in the climate on its business, including things like its supply chain, operations, and customers.

Once the scenarios have been developed, the organization can begin to assess the risks and opportunities associated with each scenario. This will help the organization to develop a plan to mitigate the risks and capitalize on the opportunities.

Scenario planning is a valuable tool that can help organizations to prepare for the future. By understanding the potential impacts of changes of the climate, organizations can make informed decisions about how to adapt their business.