1 Private Sector and Climate Resilient Development Climate Resilience and Economic Growth in Developing Countries OECD, Paris, April 20, 2013 Vladimir Stenek Climate Business Department Private sector, adaptation • Entities needing adaptation solutions • Providers of solutions for adaptation • Providers of financing for adaptation
6
Embed
Climate Resilience and Economic Growth in Developing Countries 3 Stenek IFC presentation… · 1 Private Sector and Climate Resilient Development Climate Resilience and Economic Growth
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
1
Private Sector and Climate Resilient DevelopmentClimate Resilience and Economic Growth in Developing Countries
OECD, Paris, April 20, 2013
Vladimir Stenek
Climate Business Department
Private sector, adaptation
• Entities needing adaptation solutions
• Providers of solutions for adaptation
• Providers of financing for adaptation
2
Climate Risk and Adaptation, IFC
Financial Sector(Global)
Agribusiness
Hydropower, reservoir
Hydropower, run of the river
Manufacturing
Ports
Reports available at www.ifc.org/climaterisks
Source: IFC 2012
Cross-Sector
Barriers (and opportunities)
• Awareness
• Information
• Time horizons
• Internal resources
• Technology
• Behavioral
• Financing
• Policy and regulation
3
Port Muelles el Bosque (MEB), Cartagena, Colombia
• Cartagena: 12% of Colombia’s international trade• MEB: 1% of Colombia’s international trade (by tonnage)
Observed sea level, Bahía de Cartagena(1951-1993),linear trend +5.6mm/yr.
Seawater flooding, 2050, observed and accelerated SLR scenarios
Sources: IFC 2011, Escuela Naval CIOH 2010
Criteria:
Water level 0-30 cm - loss of US$50,000 / full day
If over 30 cm, US$250,000 / full day
<= 2 hours: no cost
> 2h but < 6h: 20%
> 6h but < 12h: 40%
> 12h but < 18h: 60%
> 18h: 100%
4
Sources: IFC. 2011, Repestro 2005
Hydrodynamic model grid of the Bay of Cartagena
Beyond the gates
Climate related transport infrastructure hazardsEffects of SLR in Cartagena
About 90% of goods transported by ships (globally)• 69% of variation in seaborne imports explained by GDP• 24% of exports by natural resources (e.g. tonnage of cereals, coal, etc.)