Natural Resource Economics Commons^™

Icelandic Fisheries: Scenario Planning For Climate Change, Tara Sorrels

Mahurin Honors College Capstone Experience/Thesis Projects

This study aimed to develop an understanding of how a scenario planning process could be used to assist businesses to adapt to climate change. The focus of this study was on the Icelandic fishing industry since Iceland is experiencing firsthand climate change impacts. Mitigation strategies are the main focus in climate change research, but this study focused on a possible adaptation method that requires changing management practices in order to reduce the impact of climate change on the economy. Tours of Icelandic fisheries and interviews with individuals within the Icelandic fishing industry were conducted to assess the current adaptive capacity …