Guidance for Countries in Assessing ERC Projects (Download PDF version) - coming soon!

Through the establishment of an Emission Reduction Program (ERP), the World Bank aims to help developing countries to engage strategically with evolving global ERC markets, support efforts to generate ERCs to sell into these global markets, and mobilize finance for such transactions. 

The ERP includes two main workstreams.  Workstream One is focused on ERC market development, by providing governments with access to knowledge and technical assistance. Workstream Two is targeted at supporting ERC generation in participating countries. 

Climate Action Data (CAD) Trust

By connecting registries through a decentralised infrastructure, and making CAD Trust information publicly available, it will be possible to identify risks of double counting that can damage the integrity of the markets. The data layer can be used to support data sharing, and it provides a backbone infrastructure that can support services built by the public and private sectors to support market activity, such as compliance reporting, transacting, and benchmarking services.

Operational Phase:

Sydney Airport 2021 Response to the Task Force on Climate-related Financial Disclosures

During 2021, the FSB Board oversaw climate risk management and its potential to influence and inform corporate strategy and decision making. The Board is supported by the Safety, Security and Sustainability Committee (SSS) which met quarterly this year. This Board Committee has oversight of environmental and sustainability matters. The SSS Charter outlines its roles and responsibilities and includes climate change. The SSS receives briefings on the outcomes of the climate risk assessment and adaptation planning.

ACI Resolution 3/2018 on resilience and adaptation to climate change

Most airport infrastructure was designed and constructed in the era when climate variation was not appreciated as it is today, and adaptive measures were not readily available. However, with more studies presenting financial and economic benefits from introducing preventive measures compared to reactive response post-impact, ACI recommends that airports consider:

Climate-resilient PPP: where are we?

There are several instruments and tools already used to address climate change risk in Indonesian PPP projects. In toll road projects, the PPP procurement team has been requiring bidders to consider ways to anticipate floods and to adopt the 'zero delta Q' principle (so that no water discharge increased because of new projects). In a broad sense, the Government is developing policies to achieve its commitment under the Paris Agreement to reduce its greenhouse gas emissions. We have spatial planning policies to assess investments that correspond to a specific area. We also have green building technical standards where mitigation of climate change and disaster risks is included among the principles of green building. However, there is not yet a specific integrated instrument/tool for developing climate-resilient infrastructure projects. This issue is likely to become even more critical, given the current administration's focus on the new capital city; we would hope that climate-resilience plays a significant part in the design and construction of the city's infrastructure.