Application
This unit of competency describes the skills and knowledge required to develop climate risk management strategies.
All work must be carried out to comply with workplace procedures, work health and safety legislation and codes, and sustainability practices.
This unit applies to individuals who take personal responsibility and exercise autonomy in undertaking complex work. They must analyse information and exercise judgement to complete a range of advanced skilled activities.
No occupational licensing, legislative or certification requirements are known to apply to this unit at the time of publication.
Elements and Performance Criteria
Element | Performance criteria |
Elements describe the essential outcomes. | Performance criteria describe the performance needed to demonstrate achievement of the element. |
1. Survey climate and enterprise data | 1.1 Obtain and interpret historical climate data from a range of sources 1.2 Identify weather and climate risk factors 1.3 Collect information on normal and significant climate events and their impact on natural and rural systems 1.4 Detail current and historical property and enterprise production 1.5 Review short and long term enterprise goals to ensure they fit within climatic constraints 1.6 Source, present and update climate and enterprise data according to enterprise requirements |
2. Climate risks and opportunities are identified and analysed | 2.1 Analyse forecasted changes of seasonal climate 2.2 Identify climate risks and opportunities 2.3 Determine impact on production of different weather and climate risk factors according to enterprise requirements 2.4 Identify and develop qualitative and quantitative risk and opportunity factors 2.5 Evaluate importance of climate variability and significant climate events 2.6 Outline tactics to address a range of different climate variability risks and opportunities 2.7 Identify contingency options for enterprises and the business |
3. Prepare climate risk management strategies | 3.1 Analyse climate variability and seasonal climate forecasts 3.2 Address insurance and other options in business strategies 3.3 Address major climate risk factors in business strategies 3.4 Prepare financial outcomes for all strategies according to enterprise guidelines 3.5 Predict impacts on the environment, property value and equity for the preferred strategies 3.6 Review preferred production, enterprise or alternative strategies and select options according to enterprise requirements 3.7 Present a planned strategy to cope with variable climate and climate risk management |
Evidence of Performance
The candidate must be assessed on their ability to integrate and apply the performance requirements of this unit in a workplace setting. Performance must be demonstrated consistently over time and in a suitable range of contexts.
The candidate must provide evidence that they can:
research, analyse and interpret climate and enterprise data
prepare risk management strategies
integrate climate risk with opportunities and management strategies at a business management level
implement enterprise sustainability policies.
Evidence of Knowledge
The candidate must demonstrate knowledge of:
current forecasting techniques and phenomena, such as El Nino, ENSO, Southern Oscillation Index (SOI) and Pacific and Indian Ocean SST patterns
impact of weather and climate on business activities
causes of general patterns of weather and climate over Australia
climate variability and climate change
direct and indirect impacts of climate variability on land management and sustainability
property and enterprise management decisions affected by the variable climate
recognition of climate risks and opportunities
seasonal climate forecasting systems and related indicators
natural disaster planning
climate and weather issues pertaining to sustainable agriculture
potential impacts of greenhouse warming on land and natural resource management
strategic options and planning in response to climate variability for a range of seasons (normal, drier or wetter than normal), and other risks and opportunities
calculating financial returns for different strategic options
computer applications and Internet to access, record and analyse data
principles of decision-making based on the variable climate and seasonal climate forecasts.
Assessment Conditions
Competency is to be assessed in the workplace or simulated environment that accurately reflects performance in a real workplace setting.
Assessors must satisfy current standards for RTOs.
Foundation Skills
Foundation Skills essential to performance are explicit in the performance criteria of this unit of competency.
Range Statement
Sectors
Agribusiness (AGB)