Climate Risk and Ports: A Practical Guide on Strengthening Resilience

While ports are naturally exposed to climate-related hazards such as storm surge or sea level rise, the level of exposure differs significantly from location to location, and the degree of vulnerability depends heavily on infrastructure design and specifications. A site- and asset-specific risk assessment allows port developers and operators to identify adaptation needs and prioritize investments in measures that enhance resilience. Such an assessment is the starting point to take advantage of the triple dividend that climate resilience can deliver.

Ports Module

Module 4 of the Annex in Asset Recycling. This annexure sets out sector-specific asset recycling guidelines for the ports sector including sector-specific due diligence requirements, sample risk allocation matrix and sample terms of reference (TOR) for selection of transaction advisors.

Brazil: Suape Container Terminal

As part of a major port sector reform program, the government of the northeastern Brazilian state of Pernambuco hired IFC as the principal advisor on the public-private partnership for the first dedicated container terminal (TECON) at the Port of Suape. International Container Terminal Services (ICTSI) of the Philippines won the public tender to build and operate the container terminal for 30-years. The agreement was signed on March 2001 and the container terminal began operations three months later.