, and extremes in temperature ● Extreme precipitation and flooding ● Drought ● Sea level rise and storm surge ● Strong winds How these affect the asset or site in question will be highly variable and will

Risk Assessment Tool ● Temperature changes, and extremes in temperature ● Extreme precipitation and flooding ● Drought ● Sea level rise and storm surge ● Strong winds How these affect the asset or site

explain apparent valuation dislocations with an increase or decrease in GR investors. The 8 market never reaches a perfectly rational or irrational point but sways between these two extremes as market and

flexible enough for increased variability in water supplies due to more frequent climate extremes? D 1 1.7 Are water delivery agreements defined on the basis of actual in situ seasonal/annual availability

, as we showed in our sensitivity analysis (Appendix D), at least at the extremes, investor attitudes toward the timing of