Three Steps to Better Decision-Making Many tools are available for corporate and development decision-makers to help them plan and devise their business strategies. Corporate leaders I speak with say they use the Consumer Confidence Index, Corruption Perceptions Index, and Human Development Index among other well-regarded tools, to help relay complex information quickly to their boards of directors and C-Suite peers. The ND-Global Adaptation Index joins these business barometers to provide quick insights into a country’s climate vulnerability and readiness to adapt. And since risk experts view climate change as ranking among our principal threats to business, the tool proves to be a timely resource for strategic planning.
As you seek to protect your investments and supply chains while identifying fresh market opportunities, it will pay to absorb how the ND-Global Adaptation Index can assist you. A quick tour offers three steps (each requiring just a minute) that can generate actionable information about country-level vulnerabilities from climate change and the readiness of countries to absorb and use new investments. By taking the tour, you’ll be able to apply climate savvy to the decisions you make this year.
The Index, free and open source, employs a layered structure, starting with the so-called GAIN ranking
3. The GAIN ranking orders every country by aggregating all measured factors into a single score. It allows a quick look at combined vulnerability and readiness. View the full rankings to find your countries within the index and compare their GAIN ranking with one another.
2. The GAIN Matrix shows the evolution of vulnerability and readiness over the past 15 years. It allows deeper insights into country risk and opportunity. Add your countries to watch their evolution.
3. The GAIN Country Profiles provide you with all of the data and their sources, organized by specific vulnerability and readiness measures such as water availability, food security and education level.
So if you want to use the Index to size up your supply chain, you can examine a cross-section of the data most germane to your supply chain with just a few clicks on the rankings page. Here’s a snapshot for water, http://index.gain.org/ranking/vulnerability/water for example. Simple, fast, insightful.
Check it out, then tell me what you learn about your business through using this tool.