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ALJ/JF2/nd3 PROPOSED DECISION Agenda ID #20520 (Rev.1) Ratesetting 4/21/2022 Item #21Decision ___BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIAOrder Instituting Rulemaking to Continue
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How to fill out opportunities for valuing climate

01
Identify the specific climate-related opportunity that you want to value.
02
Gather all relevant data and information about the opportunity, such as current and projected climate conditions, potential impacts, and associated costs and benefits.
03
Use appropriate valuation methods and tools to assess the economic value of the opportunity, taking into account both the monetary and non-monetary aspects.
04
Consider the level of uncertainty and risk associated with the opportunity, and incorporate these factors into the valuation.
05
Document and communicate the findings of the valuation process, including the estimated value of the opportunity and any key assumptions or limitations.
06
Regularly review and update the valuation as new data and information become available, or when there are significant changes in the climate or related factors.

Who needs opportunities for valuing climate?

01
Various stakeholders can benefit from opportunities for valuing climate, including:
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- Individuals and households who want to understand the value of climate-related opportunities in their personal lives, such as energy efficiency improvements or sustainable transportation options.

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Opportunities for valuing climate refer to initiatives and methodologies aimed at assessing the economic value of ecosystem services affected by climate change, helping organizations make informed decisions related to sustainability and environmental impact.
Organizations and companies that are engaged in activities that significantly impact the climate, particularly those in high-emission sectors or with large environmental footprints, are often required to file opportunities for valuing climate.
To fill out opportunities for valuing climate, organizations should gather relevant data regarding their emissions, environmental practices, and economic impacts, and then use a standardized reporting format to submit this information.
The purpose of opportunities for valuing climate is to encourage organizations to recognize and incorporate climate-related factors into their decision-making processes, promoting sustainability and accountability.
Organizations must report emissions data, environmental management practices, economic impacts, and any initiatives taken to mitigate climate effects or enhance sustainability.
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