Climate Resilience and PPPs

Many risks associated with climate change will be felt hardest by lower income countries, as their ability to prevent and respond to the impacts of climate change is limited. Against this background there is an urgent need for the development and finance of climate-smart infrastructure solutions. PPPs potentially provide a useful framework under which the public and private sectors can pool and coordinate their financial and technological resources more efficiently.

Climate Toolkits: Roads

The roads toolkit addresses key climate-related aspects in road projects by helping map climate policies and assess project alignment; focusing on climate risk assessment, carbon footprint estimation, and mitigation strategies; and guiding prioritization of climate strategies and checks their economic viability.

Climate Toolkits: Renewables

The renewables toolkit helps government agencies in emerging markets and developing economies (EMDEs) incorporate climate-related risks in the early stages of renewable energy infrastructure projects procured through public-private partnerships (PPPs). It provides step-by-step instructions on applying the provisions of the Climate Toolkits for Infrastructure PPPs (CTIP3) to renewable energy-specific PPPs. The toolkit familiarizes non-expert users with the impact of climate change on renewable energy projects and offers guidance on climate mitigation, adaptation, and resilience. It aims to assess the potential effects of climate change on projects and suggests measures to mitigate impacts. NOTE: The toolkit is a complement to the Umbrella Toolkit and is not intended for the design and tendering phases.

Climate Toolkits: Hydropower

This toolkit contains a set of tools covering the major climate entry points (identification of risks, incorporation of climate considerations in the project’s selection, and appraisal of climate effects in the project’s economics). It uses as inputs preliminary project data, readily available climate-related resources, and tools produced by the World Bank Group and international organizations. The outcome should be a project-specific collection of considerations that will need to be further evaluated and quantified during the subsequent phases of implementation of the Umbrella Toolkit.

Climate Toolkits: ICT

The ICT toolkit covers risk identification, climate considerations in project selection, and climate effects on project economics. The toolkit gradually develops project-specific considerations for further evaluation and understanding of advisory service needs. Consisting of five modules, it helps assess project alignment with climate policies, provides a simplified methodology for assessing greenhouse gas emissions, offers guidance on documenting climate risks and adaptation measures, estimates the impact of climate considerations on project costs and benefits, and suggests key performance indicators for climate objectives in ICT projects.

Good Climate Finance Guide

This paper uses six criteria for ‘good climate finance’ and a positive deviance approach to draw lessons from six international climate funds and two development financing mechanisms to understand where climate finance is being delivered effectively to support locally led solutions. Based on this, it also presents recommendations for how climate finance could better support local actors to access and deliver the climate finance that they need to build their own climate and nature- positive solutions.

 

Accessing Climate Finance: A step-by-step approach for practitioners

This eighth handbook in the series addresses the needs which emerged during the ClimaSouth Climate Finance regional workshop held in Barcelona on 9 – 11 March 2016 at the headquarters of the Union for the Mediterranean (UfM). The results of the study are presented in this handbook as a practical set of tools for key government and other stakeholders in partner countries to access climate finance. The tools focus on the preparation and assessment of project applications.