A System-Wide Approach For Infrastructure Resilience: Technical Note

Abstract

Climate change is affecting infrastructure investments worldwide, leading to asset value losses, higher operating costs, and reduced economic benefits. This technical note is a call for action to improve how climate-related financial risks are considered in infrastructure, including for the planning, delivery, and management of national infrastructure plans. The Asian Development Bank and the Global Center on Adaptation jointly developed this technical note as an input to the Global Commission on Adaptation’s Climate Adaptation Summit 2021.