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Ensuring its long-term performance in the shadow of uncertain future conditions – its resilience – is what really matters.
The investment rationale is complicated by uncertain future conditions across the system lifecycle, including technology, climate, economy, and others.
Scenario analysis is an approach to long-term planning that informs decision-making in contexts of highly uncertain future conditions.
We propose an approach for screening future infrastructure and demand management investments for large water supply systems subject to uncertain future conditions.
This is particularly relevant under uncertain future conditions including climate change, as increased human demand places further pressure on ecosystems, which may not remain stable (Folke et al. 2004).
Scenario-based projections have been used as a key approach for policy making and planning in the context of uncertain future conditions (Varum and Melo 2010).
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Managing forests for resilience is crucial in the face of uncertain future environmental conditions.
Human-driven changes in the global environment pose an increasingly urgent challenge for the management of ecosystems that is made all the more difficult by the uncertain future of both environmental conditions and ecological responses.
General Motors, which is also on the brink of filing for Chapter 11, is also losing customers because of its fragile financial condition and uncertain future.
It was under these circumstances that the Ocean Ranger set sail, and while its associated policy of black colonization provided a source of controversy and distrust within the African-American community, the arrival of the ship was evidently seen by many freedmen as a means to escape poor conditions and an uncertain future in the United States.
Indeed the main problems faced by the Palestinian refugees currently living along the border are the unbearable physical conditions and their uncertain future.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com