Iceland has considerable experience in the risk management of natural hazards and the many of the risks associated with climate change impacts can be dealt with using existing policy tools.
The increased runoff due to glacier melt will lead to a temporary (few decades) increase in potential hydropower, but current powerplants and electricity distribution system will not capture more than a fraction of the increase. Changes to the system to capture the increase are planned.
Climate change impacts will also affect other infrastructure sectors such as transportation, the electricity transport system, wastewater utilities and planning authorities. A country wide adaptation plan is under way, and the research on which to build such a plan is ongoing.