Investor Presentaiton
DRA and climate change strategy
Client story - City of Sydney
KPMG Dynamic Risk Assessment helps the City of
Sydney develop its climate change strategy.
The City of Sydney in New South Wales, Australia
needed to understand how climate change is likely to
affect the city in 2030 in order to develop an effective
Climate Adaptation Plan.
KPMG in Australia performed a DRA to understand the
interdependencies between 32 different climate change
risks faced by the city. KPMG analysts used expert
elicitation to develop a graphic representation of the
relationships between the risks and perceptions of
severity. Their analysis also identified trigger risks
which were central to causing other risks, and those
that are most centrally affected by other risks. Clusters
of risks that were likely to occur together were also
identified, so that these could be managed together.
As a result of the DRA, the Sydney City Council
benefited from greatly improved insight into the
risks that climate change posed to the city and was
in a better position to develop actions to address
these.
The thickness of the connecting lines in the diagram
illustrates the strength of the connections between the
individual risks.
Bushfire/cascading impacts
Strain on heat refuges
Structural
degradation
Community health impacts
City wide power disruption
Inundation
foreshore
transport/
pedestrian
routes
Safe sea transport
Heat wave behavior-related risks
Changed human behavior
Energy system strain
Inundation property/
infrastructure
Airport delays
Heat island effects
Insurance affordability
Reduced physical activity
Displacement
Property /
infrastructure
damage
Localized power infrastructure damage
Workforce productivity
Transport disruption
Inundation foreshore icons
Air pollution
Traffic
congestion
Overflow of
Sea level rise-related risks
Reduced appeal outdoor events
Food security
Reduced amenity
Pests
and disease
Flash flooding
contaminates
Intense rainfall-related risks
Communication disruption
Changed biodiversity
Graphic adapted from: RPS (2015) City of Sydney Climate Risk and Adaptation: Project Report. Available from:
https://meetings.cityofsydney.nsw.gov.au/Data/Environment%20Committee/201512071401/Agenda/151207 EC ITE
M03 ATTACHMENTD.pdf
KPMG
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