Building Financial Resilience to Climate Impacts A Framework for Governments to Manage the Risks of Losses and Damages

by OECD
Building Financial Resilience to Climate Impacts A Framework for Governments to Manage the Risks of Losses and Damages
Author: OECD
Publisher: OECD Publishing
Total Pages: 135
Release: 2022-12-08
Genre:
ISBN: 9264801197
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Governments are facing significant climate-related risks from the expected increase in frequency and intensity of cyclones, floods, fires, and other climate-related extreme events. The report Building Financial Resilience to Climate Impacts: A Framework for Governments to Manage the Risks of Losses and Damages provides a strategic framework to help governments, particularly those in emerging market and developing economies, strengthen their capacity to manage the financial implications of climate-related risks.

Seychelles

by International Monetary Fund. African Dept.
Seychelles
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 60
Release: 2017-06-20
Genre: Business & Economics
ISBN: 1484304802
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This paper takes stock of Seychelles’ plans to manage climate change, from the perspective of its macroeconomic implications. It suggests macro-relevant reforms that could strengthen the plans’ likelihood of success. It highlights high public awareness and a body of existing sustainable development planning, which puts Seychelles several steps ahead toward preparedness. Next steps would be to ensure that climate change planning is integrated with the forthcoming National Development Plan. Disaster preparedness is a relatively strong point, but there is much still to be done—from improving warning systems to resilience building to contingency financing.

Lifelines

by Stephane Hallegatte
Lifelines
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 316
Release: 2019-07-16
Genre: Business & Economics
ISBN: 1464814317
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Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.

Shock Waves

by Stephane Hallegatte
Shock Waves
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 227
Release: 2015-11-23
Genre: Business & Economics
ISBN: 1464806748
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Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

Infrastructure for a Climate-Resilient Future

by OECD
Infrastructure for a Climate-Resilient Future
Author: OECD
Publisher: OECD Publishing
Total Pages: 180
Release: 2024-04-09
Genre:
ISBN: 9264762132
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This report discusses ways of enhancing government capacities to prevent, react and rebuild, thereby minimising the impact of natural disasters on infrastructure assets and operations. It identifies data, collaboration and technologies as drivers of resilience, and highlights financial resources, technical skills and regulatory frameworks as key enablers. The report presents seven actionable principles to ensure infrastructure resilience, drawing from global good practices and in-depth analyses of infrastructure projects in Colombia, Ghana, India, Indonesia, Japan, Mozambique and the United States.

Managing Climate Risk in the U.S. Financial System

by Leonardo Martinez-Diaz
Managing Climate Risk in the U.S. Financial System
Author: Leonardo Martinez-Diaz
Publisher: U.S. Commodity Futures Trading Commission
Total Pages: 196
Release: 2020-09-09
Genre: Science
ISBN: 057874841X
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This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Climate Resilient Fiscal Planning

by Asian Development Bank
Climate Resilient Fiscal Planning
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 149
Release: 2023-11-01
Genre: Business & Economics
ISBN: 9292704761
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This report shows how adopting good practices around climate-resilient fiscal planning can help decision-makers in Asia and the Pacific ramp up public and private resources to plug the yawning adaptation financing gap. Outlining a three-step framework, the report explains the need to effectively assess the rising impacts of climate change, develop a fiscal risk management strategy, and optimize available resources. It underscores why coherent action hinges on a solid understanding of the impacts of climate change and how central finance agencies can better integrate climate risk into decision-making to lead the drive towards economic resilience.

Green Finance and Investment Scaling Up Adaptation Finance in Developing Countries Challenges and Opportunities for International Providers

by OECD
Green Finance and Investment Scaling Up Adaptation Finance in Developing Countries Challenges and Opportunities for International Providers
Author: OECD
Publisher: OECD Publishing
Total Pages: 131
Release: 2023-11-16
Genre:
ISBN: 9264714251
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This report analyses current trends of adaptation finance provided and mobilised by developed countries for developing countries. It explores potential action areas for international providers to scale up funding for climate change adaptation, including by unlocking the potential of the private sector.