Quantifying the cost of climate change impacts on local government assets
Authors: Jacqueline Balston, Jon Kellett, Geoff Wells, Steven Li,Adam Gray and Ivan Iankov
Year: 2012
The report describes a financial simulation model and supporting decision tools to provide a clear, comparative analysis of the financial impacts of climate change on three major asset classes of importance to Australian Local Government sealed roads (hotmix and spray sealed) and unsealed roads. To support the development of the financial model, over 20 mathematical engineering models that estimate road deterioration were reviewed and their appropriateness for application to the present study was evaluated.
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