How to Make Infrastructure Climate Resilient
In emerging markets, climate change threatens infrastructure that is critical for development. Roads, airports, water systems, and power plants are vulnerable to weather changes. Severe storms and major droughts can disrupt economic activity. Because private companies and investors in emerging markets often manage infrastructure projects through public-private partnerships, they will now need to address climate change risks when planning and building these projects. The uncertainty of such risks has made incorporating them into project planning a challenge, but new tools and approaches, including insurance, are helping PPPs better respond to climate risks.
| Main Authors: | , |
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| Format: | Brief biblioteca |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2016-09
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| Subjects: | CLIMATE RESILIENCE, INFRASTRUCTURE, PUBLIC-PRIVATE PARTNERSHIPS, EMERGING MARKET ECONOMIES, INFRASTRUCTURE INVESTMENT, DISASTER RISK MANAGEMENT, INSURANCE, SURETY BOND, RISING SEA LEVEL, CLIMATE RISK, |
| Online Access: | http://documents.worldbank.org/curated/en/270741477474001083/How-to-make-infrastructure-climate-resilient https://hdl.handle.net/10986/30340 |
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| Summary: | In emerging markets, climate change
threatens infrastructure that is critical for development.
Roads, airports, water systems, and power plants are
vulnerable to weather changes. Severe storms and major
droughts can disrupt economic activity. Because private
companies and investors in emerging markets often manage
infrastructure projects through public-private partnerships,
they will now need to address climate change risks when
planning and building these projects. The uncertainty of
such risks has made incorporating them into project planning
a challenge, but new tools and approaches, including
insurance, are helping PPPs better respond to climate risks. |
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