Consideration of climate change risks for ecotourism operators in business planning in Tofino, British Columbia
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Issue Date
2016-04-14
Editor
Authors
McDougall, Gregory
License
Subject
Business risk
Climate Change
Ecotourism
Risk Management
Tofino
Tourism
Climate Change
Ecotourism
Risk Management
Tofino
Tourism
Abstract
Risk management in the ecotourism tourism industry plays a major role in the success of a company. Managing risks is essential to a company's economic well being as well as their business model, and in the case of ecotourism, its ecological capital. Climate change is inevitable and the environmental events that occurred with less frequency in the past are now occurring more often. With the increased risks of climate change and the potential to affect profits and operations, the question arises as to how businesses are adapting to these risks. In managing the risks of climate change there is the potential to adapt and manage the variations or mitigate the severity. In applying risk management frameworks, there is the potential to manage climate change uncertainties. Implementing an exploratory study of Tofino, British Columbia and its sustainable ecotourism operators, this research examines the levels of consideration of climate change risks within these business operations.