ABSTRACT
This chapter deals with the viewpoints of the practitioners referred to in the introduction—corporations and other entities, investors, financiers, governments and students. It aims to distil the appropriate practices into their relevant elements and enlighten each audience about the best-practice approach to implementing adaptation plans. The main factors that are likely to be integral to effective organisations include financial health, adaptive management, learning, innovation and leadership. Boards and managers can only make sense of their progress in building adaptive capacity by defining system changes, activating plans and then monitoring their success as a continual process of learning, rather than as a single action. Research suggests that fostering adaptive capacity and managing uncertainty in real time, by adjusting as new information and techniques emerge, is more effective than narrowly designed planning approaches that target a given impact and are dependent on particular future climate information.
