Climate Hazards Risk Reduction Approaches by Implementing Asset Management Systems

The need of resilient asset management is more and more recognized among the different administrations and stakeholders. Climate change is leading to a more extreme environment and increasing the recurrence of natural hazards and extreme events, making public assets (buildings, road and railway infrastructure) subject to actions to which they had not necessarily been designed for. Vulnerability assessments that anticipate potential failures, support the prioritization of interventions, and informed adaptation strategies are crucial to achieve resilient networks and optimize investments along infrastructure lifecycle.
The session will go through the different steps necessary to implement a successful asset management system, using three different case studies as example that cover the main three set of assets related with a Country’s Department of Infrastructure: 1) Developing Asset Management Capacity for Buildings Operated by the Government of Anguilla; 2) Flood Vulnerability Assessment of the Spanish Railway network; 3) Road Network Vulnerability Assessment and Climate Resilient Road Strategy.
The three examples besides covering different type of assets, respond to different hazard problems, they analyze very different geographical environments (small island, European country, country of federated states composed of very separated islands) and different management scopes (annual planning, risk identification, international funds allocation), showing how the application of a tailored asset management strategy can help optimizing the budget allocation and improving the level of services (safety & economic growth) offered to the society.