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These strategies will be ex-ahtated by examining the opportunities, challenges, and trade-offs <br />associated with each strategy or combination of strategies and by examining "what-if" scenarios. <br />The steps for evaluating neater supply strategies are illustrated in the following figure. <br />Demand and Supply Side Strategies <br />• Execute technical work for each strategy <br />• Examine ability to meet Colorado's <br />consumptive and nonconsumptive needs <br />• Examine risks <br />• Examine potential impacts of climate change <br />• Incorporate analysis from previous and <br />ongoing studies <br />Examine "What If <br />Scenarios <br />Examine "tradeoffs" <br />between strategies <br />Identify multipurpose <br />projects or ways to integrate <br />consumptive and <br />nonconsumptive needs <br />We began tlnls evalintlhonn at the Augntst IBC C Meeting by focusing on three key Water supply <br />strategies: <br />¦ M&-l Conservation <br />¦ Agricultural Water Transfers <br />¦ Compact I)evelopnlent and Transbasiu Diversions <br />During the August IBCC meeting, members discussed polio- issues and addition <br />technical work associated with MKI Conserx-ation, Agricultural Water Transfers, and <br />Compact Development and Transbasin Diversions. Discussion material for the <br />evaluation of these strategies is included below. <br />Additional strategies will be discussed in future meetings.