Thursday, 14 November 2024
A new Austroads report offers transport asset owners and managers practical strategies for embedding climate resilience into their asset management processes.
As climate change continues, its physical impacts will become more frequent and intense, posing a growing threat to transport networks and their ability to maintain expected service levels. Transport asset managers play a critical role in adapting to and mitigating these impacts.
The report, Incorporating Climate Change Resilience in Asset Management, provides actionable recommendations for addressing common challenges within asset management systems and processes. It covers essential areas such as asset lifecycle, criticality and vulnerability assessments, climate resilience valuation, and asset information management.
The report was developed in response to priorities identified by Austroads member agencies, who are actively engaged in managing the impacts and risks of climate change on transport networks. The members of the Austroads Asset Management Task Force emphasised the importance of equipping asset managers with practical strategies to address these challenges and incorporate climate resilience in asset management.
"Climate change is causing irreversible damage to communities, the economy, and the environment. It impacts the ability of transport networks to function as lifeline infrastructure, crucial for the flow of goods and services," said Ross Guppy, Austroads Transport Infrastructure Program Manager.
"Asset managers have a key role in building resilient transport assets and networks. The report's recommendations can help them balance performance, cost, and risk over time by addressing the physical risks of climate change across the asset lifecycle," he added.
The report is designed to support transport sector asset owners and managers to improve their processes and meet asset management goals. It highlights key intervention points for integrating climate resilience within asset management, focusing on the core pillars of performance, cost, and risk. Additionally, it provides case studies and examples that can be adapted to the unique context of each agency.
Download Incorporating Climate Change Resilience in Asset Management.
Webinar
Join us for a webinar on Wednesday 20 November at 1 pm AEDT with Upeshika Heenetigala, Jesse Sounness and Qindong Li about the report and its recommendations.
No charge but registration is essential. Can’t make the live session? Register and we’ll send you a link to the recording.