Economic Vulnerability to Climate Change in Coastal New Jersey: A Stakeholder-Based Assessment
This study investigates economic vulnerabilities to climate extremes and climate change in coastal New Jersey before and after Hurricane Sandy. Drawing upon methodological best-practices in climate adaptation and disaster risk management, which emphasize co-production of climate assessment information, the study employs a stakeholder-based approach to identify key climate-related economic stresses, risks and vulnerabilities. Interviews with stakeholders conducted in the months prior to Sandy highlighted a myriad of climatic, environmental and economic stresses in the region and revealed a wide range of economic assets, activities, and populations that are economically vulnerable. Post-Sandy meetings with stakeholders reinforced findings of the pre-Sandy interviews but also brought to light some new and unexpected vulnerabilities. The study illustrates the value of stakeholder participation in economic vulnerability assessments, including deeper and more nuanced understanding of local economic assets, activities, and populations at risk to climate extremes and climate change. The study also demonstrates the importance of stakeholder-engagement for creating buy-in to the climate assessment process and for facilitating new learning opportunities in a post-disaster context. Given climatic non-stationarity and continually evolving economic conditions, stakeholder-based assessments will need to be conducted and updated on an on-going basis in order to ensure continual relevance to post-disaster learning and response.