Frontier Economics was commissioned by the National Digital Twin programme (NDTp) to identify the expected impacts of the Climate Resilience Demonstrator (CReDo) and provide a simulation of potential social benefits related to flood resilience.
Frontier’s study, published yesterday, contributes to the understanding of the potential benefits of CReDo through the development of a logic model and theory of change of CReDo and the simulation of some of the potential benefits. It identifies the potential benefits of CReDo for both asset operators, their customers, and wider society. For example:
- Planning and responding to flooding events on a system-wide basis;
- Influencing what actions are taken to mitigate against the impacts for residential and business customers or responding to the impact of those events on infrastructure availability; and
- Increasing resilience of essential infrastructure, environmental goals and improved resilience decision making.
CReDo is a climate change adaptation digital twin project aimed at improving resilience across infrastructure networks, providing a practical example of how connected data and greater access to the right information can improve climate adaptation and resilience. It brings together asset datasets, flood datasets, asset failure models and a system impact model to provide insights into infrastructure interdependencies and how they would be impacted under future climate change flooding scenarios, enabling asset operators, regulators and policymakers to collaborate using the CReDo digital twin to make better decisions which maximise resilience across the infrastructure system.
Click here to read the full report.