An exposure/sensitivity/adaptation framework is used to allow all stakeholders in an industry or situation to contribute their expert knowledge to develop an understanding of key areas of vulnerability to climate change impacts. The Climate Change Risk Management Matrix was used by stakeholders to identify climate impacts and identify possible adaptation options. The adaptation options derived from this process can guide businesses, researchers, and resource managers in their response to climate change impacts and increase resilience of businesses, industries and communities. Key outcomes of the process included:

• a shared understanding by all stakeholders of how climate change will impact key elements important to a business or industry, and whether those impacts are positive or negative in their effect;
• a shared understanding of potential adaptation options that can be explored by stakeholders at all levels, from individual businesses through to management and research responses;
• improved communication between stakeholders around management and other issues more generally; and
• a beginning of business level interventions to assist industry adaptation involving government and industry.