Adaptation

Power, Responsibility, and Accountability: Re-Thinking the Legitimacy of Institutions for Climate Finance (World Resources Institute)

This report seeks to ground the debate on climate finance in an objective analysis of ongoing efforts to finance mitigation and adaptation in developing countries.

EIB Accelerated Flood Prevention Project (Czech Republic)

The project supports the ”Strategy for Protection against Floods for the Czech Republic”, approved by the Government in 2000. The main objective of this Strategy is to mitigate risks related to catastrophic flood events for key infrastructure. This is will be achieved through a wide range of preventive measures that are integrated at river basin level and selected in coordination between the State, the Regions, and Municipal Authorities in close association with the River Boards.

The Czech Republic was hit hard by six disastrous floods in the last decade, causing casualties and damage worth EUR 5 billion. The national flood prevention strategy (2002-2012) aims at the increased protection of over 800,000 people and of key infrastructure. The project is implemented under the responsibility of the Czech Ministry of Agriculture and concerns a wide range of investments in all major river basins including the rehabilitation, desludging and upgrading of existing pond systems to better utilise them for retention of flood waves. The main aim of the European Investment Bank (EIB) loan is thereby to contribute to the reduction of the potentially devastating effects of floods that are increasing in their frequency due to the effects of climate change.

EIB North-South Water Conveyor (Jordan)

The project is a bulk water extraction and conveyor system including a 325 km pipeline, pumping 100 million cubic meters of potable water annually, running south-north in the Kingdom, from Disi-Mudawwara (an aquifer close to the Saudi border) to the Greater Amman area.

The project aims at improving water supply infrastructure in order to address the water scarcity issue, an important natural constraint to Jordan’s economic growth and development. This project also provides for the re-allocation of current supplies to other Governorates, and for the conservation of Highland aquifers that have been depleted due to over-abstraction.

Climate Finance in the Urban Context: Costs of Adaptation and Mitigation in Cities

Climate Finance in the Urban Context: Costs of Adaptation and Mitigation in Cities looks at potential financing opportunities and costs of mitigation and adaptation in the urban context. Wide-ranging potential sources for finance for climate action are described, and suggestions are made for more effective responses to climate investment challenges in cities.

IFC: Climate Risk and Financial Institutions

Climate change creates risks and opportunities for the private sector in emerging markets, and may impact the performance of financial institutions and the companies they invest in. Recognizing knowledge gaps in how climate change will affect the private sector over shorter time horizons, IFC has published Climate Risk and Financial Institutions, a publication that covers climate-related risks material to financial institutions, including commercial banks, institutional investors, and international financial institutions.

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