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

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

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.

Building Financial Resilience to Climate Impacts

Building Financial Resilience to Climate Impacts
Author:
Publisher:
Total Pages: 0
Release: 2022
Genre:
ISBN: 9789264924468

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. The goal of the framework is to support sound public financial management strategies that take into account budgetary and financing constraints, and to foster broader actions at the national and international levels. The report examines the role of governments in identifying and assessing climate-related physical risks and their impacts on public finances, and reporting climate-related fiscal risks to promote transparency in public financial management. It discusses how to mitigate those risks through protecting households and businesses, and developing integrated multipronged financial strategies to fund government expenditure needs. Finally, it calls for promoting integrated strategies to strengthen financial resilience at the country and regional levels, and for mobilising development co-operation to strengthen global climate financial resilience.

Building Financial Resilience to Climate Change

Building Financial Resilience to Climate Change
Author: Kenneth Smith
Publisher:
Total Pages: 0
Release: 2024-04-18
Genre: Business & Economics
ISBN:

Building financial resilience to climate change is a critical resource for anyone concerned about their financial impact from climate change. Detailed descriptions of the risks by region and practical advice on how to mitigate them. If you want to be better prepared for the storms ahead building financial resilience is a must read.

Investing in Resilience

Investing in Resilience
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 368
Release: 2013-01-01
Genre: Business & Economics
ISBN: 9290929502

Investing in Resilience: Ensuring a Disaster-Resistant Future focuses on the steps required to ensure that investment in disaster resilience happens and that it occurs as an integral, systematic part of development. At-risk communities in Asia and the Pacific can apply a wide range of policy, capacity, and investment instruments and mechanisms to ensure that disaster risk is properly assessed, disaster risk is reduced, and residual risk is well managed. Yet, real progress in strengthening resilience has been slow to date and natural hazards continue to cause significant loss of life, damage, and disruption in the region, undermining inclusive, sustainable development. Investing in Resilience offers an approach and ideas for reflection on how to achieve disaster resilience. It does not prescribe specific courses of action but rather establishes a vision of a resilient future. It stresses the interconnectedness and complementarity of possible actions to achieve disaster resilience across a wide range of development policies, plans, legislation, sectors, and themes. The vision shows how resilience can be accomplished through the coordinated action of governments and their development partners in the private sector, civil society, and the international community. The vision encourages “investors” to identify and prioritize bundles of actions that collectively can realize that vision of resilience, breaking away from the current tendency to pursue disparate and fragmented disaster risk management measures that frequently trip and fall at unforeseen hurdles. Investing in Resilience aims to move the disaster risk reduction debate beyond rhetoric and to help channel commitments into investment, incentives, funding, and practical action

Unbreakable

Unbreakable
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 380
Release: 2016-11-24
Genre: Nature
ISBN: 1464810044

'Economic losses from natural disasters totaled $92 billion in 2015.' Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing to a rich person that it does to a poor person; the gravity of a $92 billion loss depends on who experiences it. By focusing on aggregate losses—the traditional approach to disaster risk—we restrict our consideration to how disasters affect those wealthy enough to have assets to lose in the first place, and largely ignore the plight of poor people. This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people’s well-being. Disasters are far greater threats to well-being than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people’s vulnerabilities. Poor people suffer only a fraction of economic losses caused by disasters, but they bear the brunt of their consequences. Understanding the disproportionate vulnerability of poor people also makes the case for setting new intervention priorities to lessen the impact of natural disasters on the world’s poor, such as expanding financial inclusion, disaster risk and health insurance, social protection and adaptive safety nets, contingent finance and reserve funds, and universal access to early warning systems. Efforts to reduce disaster risk and poverty go hand in hand. Because disasters impoverish so many, disaster risk management is inseparable from poverty reduction policy, and vice versa. As climate change magnifies natural hazards, and because protection infrastructure alone cannot eliminate risk, a more resilient population has never been more critical to breaking the cycle of disaster-induced poverty.

Building a Resilient Tomorrow

Building a Resilient Tomorrow
Author: Alice C. Hill
Publisher: Oxford University Press, USA
Total Pages: 265
Release: 2020
Genre: Climate change mitigation
ISBN: 019090934X

Even under the most optimistic scenarios, significant global climate change is now inevitable. While squarely confronting the scale of the risks we face, Building a Resilient Tomorrow presents replicable sustainability successes and clear-cut policy recommendations that can improve the climate resilience of communities in the US and beyond.

Building a Resilient Tomorrow

Building a Resilient Tomorrow
Author: Alice C. Hill
Publisher: Oxford University Press
Total Pages: 240
Release: 2019-10-01
Genre: Political Science
ISBN: 0190909358

Climate change impacts-more heat, drought, extreme rainfall, and stronger storms-have already harmed communities around the globe. Even if the world could cut its carbon emissions to zero tomorrow, further significant global climate change is now inevitable. Although we cannot tell with certainty how much average global temperatures will rise, we do know that the warming we have experienced to date has caused significant losses, and that the failure to prepare for the consequences of further warming may prove to be staggering. Building a Resilient Tomorrow does not dwell on overhyped descriptions of apocalyptic climate scenarios, nor does it travel down well-trodden paths surrounding the politics of reducing carbon emissions. Instead, it starts with two central facts: climate impacts will continue to occur, and we can make changes now to mitigate their effects. While squarely confronting the scale of the risks we face, this pragmatic guide focuses on solutions-some gradual and some more revolutionary-currently being deployed around the globe. Each chapter presents a thematic lesson for decision-makers and engaged citizens to consider, outlining replicable successes and identifying provocative recommendations to strengthen climate resilience. Between animated discussions of ideas as wide-ranging as managed retreat from coastal hot-zones to biological approaches for resurgent climate-related disease threats, Alice Hill and Leonardo Martinez-Diaz draw on their personal experiences as senior officials in the Obama Administration to tell behind-the-scenes stories of what it really takes to advance progress on these issues. The narrative is dotted with tales of on-the-ground citizenry, from small-town mayors and bankers to generals and engineers, who are chipping away at financial disincentives and bureaucratic hurdles to prepare for life on a warmer planet. For readers exhausted by today's paralyzing debates on yearly "fluke" storms or the existence of climate change, Building a Resilient Tomorrow offers better ways to manage the risks in a warming planet, even as we work to limit global temperature rise.

Seychelles

Seychelles
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 60
Release: 2017-06-20
Genre: Business & Economics
ISBN: 1484304802

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.

Climate Resilience And Innovation

Climate Resilience And Innovation
Author: GEW Social Sciences Group
Publisher: Global East-West
Total Pages: 305
Release: 2024-06-16
Genre: Architecture
ISBN:

“Climate Resilience And Innovation “ extensively explores the interplay between climate resilience and innovation, emphasizing the importance of nature-based solutions, advanced technologies, community engagement, and global cooperation to build sustainable, resilient communities capable of addressing the challenges posed by climate change. The driving idea behind the book is to examine specific areas of focus related to building a more sustainable and resilient future, offering in-depth insights and practical recommendations. Each chapter delves into different aspects such as climate technology, the science of climate change, climate-resilient infrastructure, sustainable transportation, and renewable energy innovations, aiming to provide comprehensive knowledge and actionable solutions for mitigating the impacts of climate change. Key Takeaways: - **Nature-Based Solutions (NBS)**: Utilizing natural processes and ecosystems to enhance climate resilience and provide multiple environmental and socio-economic benefits. - **Technology and Innovation**: Emphasizing advancements in carbon capture, energy efficiency, and intelligent climate prediction models alongside renewable energy integration and climate-resilient infrastructure. - **Community Engagement**: Highlighting the importance of local leadership, stakeholder collaboration, education, and participatory decision-making in fostering climate resilience. - **Global Collaboration**: Stressed the need for international agreements, multinational corporate involvement, technology exchange, financial mechanisms, and overcoming cultural differences to address climate challenges. - **Successful Case Studies**: Detailed examples of innovative climate actions in urban renewal, agriculture, water management, transportation, and conservation showing real-world applications and outcomes. - **Monitoring and Evaluation**: Importance of rigorous methods to assess the effectiveness and sustainability of climate initiatives, underpinned by adaptive management. - **Strategic Recommendations**: Advocated for strengthening international dialogue, investment in technology transfer, financial alignment, performance tracking, and inclusive global cooperation for resilient futures.

Shock Waves

Shock Waves
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 227
Release: 2015-11-23
Genre: Business & Economics
ISBN: 1464806748

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.