• 2. Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.2 The physical climate risks that are material to the activity have been identified from those listed in Appendix A to this Annex by performing a robust climate risk and vulnerability assessment with the following steps: (a) screening of the activity to identify which physical climate risks from the list in Appendix A to this Annex may affect the performance of the economic activity during its expected lifetime;

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    Performance Measure 9.2 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address opportunities to mitigate the effects associated with its forest operations on climate change.

    1

  • 2. Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.2 (b) where the activity is assessed to be at risk from one or more of the physical climate risks listed in Appendix A to this Annex, a climate risk and vulnerability assessment to assess the materiality of the physical climate risks on the economic activity;

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    Performance Measure 9.2 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address opportunities to mitigate the effects associated with its forest operations on climate change.

    1

  • 2. Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.2 (c) an assessment of adaptation solutions that can reduce the identified physical climate risk.

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    2

  • 2. Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.2 The climate risk and vulnerability assessment is proportionate to the scale of the activity and its expected lifespan, such that: (a) for activities with an expected lifespan of less than 10 years, the assessment is performed, at least by using climate projections at the smallest appropriate scale;

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    Performance Measure 9.2 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address opportunities to mitigate the effects associated with its forest operations on climate change.

    1

  • 2. Identification of physical climate risks that are material to the activity, performing climate risk and vulnerability assessment

    2.2 (b) for all other activities, the assessment is performed using the highest available resolution, state of-the-art climate projections across the existing range of future scenarios (3) consistent with the expected lifetime of the activity, including, at least, 10 to 30 years climate projections scenarios for major investments.

    OBJECTIVE 9. CLIMATE SMART FORESTRY

    Performance Measure 9.1 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address the climate change risks to forests and forest operations and develop appropriate adaptation objectives and strategies. Strategies are based on best scientific information.

    Performance Measure 9.2 Certified Organizations shall individually and/or through cooperative efforts involving SFI Implementation Committees or other partners identify and address opportunities to mitigate the effects associated with its forest operations on climate change.

    1