In Stage 4, we have built upon our understanding of coastal hazards to assess the risk for the following types of values, uses and infrastructure:

Cultural landscapes - Traditional Owner cultural values and connection to Country

Environmental values - Environmental values and ecosystem services (ie. benefits that humans derive from healthy ecosystems).

Public safety - Human health and safety

Access/lifestyle - Access to key sites, services and activities underpinning community lifestyle, wellbeing and culture

Property and infrastructure – eg. Coastal trail, caravan parks

Economy & growth - Local business and economic growth opportunities

Coastal hazard risk

Using a tailored risk matrix, the vulnerability (likelihood) and impact (consequence) was considered for each precinct and value to determine coastal hazard risk.

311 risks were identified and assessed. The number and level of coastal hazard risks varied substantially by precinct.

Economic risk (base case)

A high-level economic analysis was done to understand the economic base case which:

• informs our understanding of current and emerging economic implications from coastal hazards, and
• helps to prioritise adaptation planning.

Numerous values and assets are at risk but several have been identified as a priority for adaptation, based on the economic and coastal hazard risk assessments. These are most urgent due to high exposure, potential loss, cultural significance and community reliance. The most urgent will be prioritised when developing adaptation pathways.

For more information on Stage 4, read the vulnerability and risk fact sheet .