Stage 5.4 Discuss & confirm CBA with stakeholders
Who's Involved
- Assignment Management Team and workshop participants
Timing and time required
- Six to eight weeks after ‘Climate risk management and cost benefit analysis’ workshop
- 4 hours
Key questions
- Are stakeholders in agreement with the way in which options have been defined in the CBA?
- Are stakeholders in agreement with the input parameters utilized within the CBA?
- Are stakeholders in agreement with the parameters considered, and range of values assessed, in the sensitivity analysis?
- Do stakeholders understand the key findings of the CBA and the key parameters / sensitivities in the analysis?
Tools
- Video Conference and PowerPoint presentation
Guidance
- Presentation of the results of the CBA and the opportunity for stakeholders to review and comment on the analysis is important in order to ensure their endorsement of the outcomes.
- The ways in which climate risks and adaptation have been addressed within the CBA should be presented.
- Key assumptions in the analysis should be also highlighted.
- The way in which sensitivity analysis has been conducted and embraced in the CBA should be emphasized and demonstrated.
- Participants should be reminded of the constraints of the CBA, as agreed at the ‘Climate risk management and cost-benefit analysis’ workshop, to avoid deviating from the agreed scope and expectations of the CBA.
Outputs
- Summary of amendments to any of the adaptation options and input parameters required before finalization of the CBA.
Albania