Australia and New Zealand

Climate risk and resilience

Climate risk and resilience

We deliver expert sustainable solutions to help clients navigate climate risks, enhance ecosystem resilience, and integrate nature-based strategies into policy and investment decisions.

Why Ricardo?

Our communities, infrastructure, industry and the environment are increasingly exposed to climate change, natural capital degradation and natural disaster risk.

 

At Ricardo, we help clients address climate change, natural capital loss, and disaster risks through resilience, adaptation, and nature-based solutions. Our expertise in economic analysis, policy, and strategy ensures sustainable outcomes for governments, businesses, and communities.

 

We deliver tailored, evidence-based solutions – ranging from adaptation frameworks to environmental market strategies – and support sector-wide planning, risk assessments, and investment-ready business cases that balance economic, social, and environmental goals.

 

Combining technical insight with stakeholder collaboration, we empower clients to manage uncertainty, protect ecosystems, and build lasting resilience in a rapidly changing world.

Who we work with

Government and non-government agencies, including:

  • National, state and local governments
  • Emergency management agencies
  • Independent statutory authorities and government owned utilities
  • Peak bodies
  • NGOs

Private sector entities, including:

  • Large infrastructure and asset owners and operators
  • Corporate sustainability departments
  • Environmental consulting firms
  • Renewable energy and infrastructure companies

Our services

Ricardo use fit-for-purpose economic tools to identify and analyse the full range of costs, benefits, and trade-offs associated with policy and investment options. Our approach ensures that all relevant factors are considered, providing a comprehensive understanding of the economic implications of various decisions.

We apply specialised analytical methods to evaluate the impacts of different policy and investment choices, helping clients make informed decisions based on a thorough assessment of potential outcomes. Our expertise ensures that economic analysis supports effective and strategic decision-making.

Ricardo apply public policy and economic frameworks to create cohesive and effective policies. We draw clear links between policy, incentives, actions, and outcomes, ensuring that strategies are well-aligned and impactful.

Our approach involves thorough analysis to understand how various elements interact and influence each other, enabling the development of robust policies that drive desired outcomes. We help clients design policies that are both strategically sound and practically implementable, fostering successful and sustainable results.

Ricardo empowers clients to develop compelling, defensible business cases that maximise value for money by clearly identifying problems and opportunities. Our tailored approach ensures decision-makers have the critical information to evaluate options and make informed investment choices.

We justify investments by outlining the key issues, benefits, and strategic alignment of proposed solutions. Our structured framework identifies the best value-for-money options while mitigating risks through detailed project planning. We demonstrate the social, environmental, and financial value of investments, securing stakeholder buy-in and confidence in project outcomes.

Ricardo focus on creating and applying frameworks for monitoring, evaluation, reporting, and improvement. We help clients assess performance and support adaptive management through structured and actionable insights.

Our approach involves developing comprehensive frameworks that enable ongoing assessment and refinement of strategies. By implementing robust monitoring and evaluation processes, we ensure that performance is accurately measured and improvements are continuously integrated. This supports effective strategy adaptation and enhances overall effectiveness.

Ricardo helps clients build resilience to climate change, natural capital degradation, and natural disasters through comprehensive adaptation planning. Our tailored approach supports decision-makers in managing uncertainty, aligning actions with strategic goals, and promoting sustainable development.

We guide clients through every stage of the adaptation cycle, from assessing vulnerabilities to implementing robust adaptation plans. Our expertise ensures that adaptation strategies protect communities, infrastructure, and ecosystems while balancing diverse stakeholder interests and mitigating future risks.

Ricardo helps clients achieve nature-positive outcomes by combining economic expertise with strategic guidance on environmental markets and investments. As governments and the private sector increasingly focus on nature-related impacts, we assist clients in navigating this evolving landscape.

We apply robust economic frameworks to design effective environmental markets, develop funding strategies, and maximize the impact of nature-related investments. Our services ensure alignment with global initiatives like TNFD and deliver sustainable, long-term value.

Aerial Panorama Of Snowy River And Mountains In Australian Alps, Australia

Our projects

Brisbane Suburbs Flooding

Adapting Together: Local Government Leadership in a Changing Climate

Ricardo assessed the costs and benefits of adaptation actions delivered by local governments, through economic analysis of five new case studies from across Australia.