2021-11-15 GC Agenda - Item 7 - Attachment 2 - Coastal Hazards Adaptation Plan with tracked changes

Ultimately, determining which coastal hazard risksrisk to respond to and how we do thatbest to
respond is based upon Council and the Noosa community’s tolerance to risk and appetite for
certain adaptation actions. Generally, lower risk levels are more tolerable and require less
intensive management actions (e.g. ongoing monitoring) with less urgency than higher risk levels.
The risk tolerance scale in Table 2 outlines how the risk categories may be interpreted or acted
upon. Many risks that are considered low or tolerable today, are expected to become intolerable as
the level of risks increases over time. Some may take quite some time to reach an intolerable level
(e.g. not until the year 2100), whereas others may be reasonably expected to transition from
tolerable to intolerable within the next twenty years.




                         Tolerability and Timescales
  Risk Level          Action required                                         Tolerance
  Extreme / High      Eliminate or Reduce the risk                            Intolerable
                      Reduce the risk or accept the risk (provided
  Medium                                                                      Tolerable
                      residual risk level is understood)
  Low                 Accept the risk                                         Acceptable
                          Table 2 - Risk tolerance scale applied in Phase 5




Noosa Council – Coastal Hazards Adaptation Plan                                             Page 32