Building Financial Resilience To Climate Impacts A Framework For Governments To Manage The Risks Of Losses And Damages

Author : OECD
Publisher : OECD Publishing
Page : 135 pages
File Size : 45,7 Mb
Release : 2022-12-08
Category : Electronic
ISBN : 9789264801196

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Building Financial Resilience to Climate Impacts A Framework for Governments to Manage the Risks of Losses and Damages by OECD Pdf

Governments are facing significant climate-related risks from the expected increase in frequency and intensity of cyclones, floods, fires, and other climate-related extreme events. The report Building Financial Resilience to Climate Impacts: A Framework for Governments to Manage the Risks of Losses and Damages provides a strategic framework to help governments, particularly those in emerging market and developing economies, strengthen their capacity to manage the financial implications of climate-related risks.

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 47,8 Mb
Release : 2022
Category : Electronic
ISBN : 9264609385

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Building Financial Resilience to Climate Impacts by Anonim Pdf

Governments are facing significant climate-related risks from the expected increase in frequency and intensity of cyclones, floods, fires, and other climate-related extreme events. The report Building Financial Resilience to Climate Impacts: A Framework for Governments to Manage the Risks of Losses and Damages provides a strategic framework to help governments, particularly those in emerging market and developing economies, strengthen their capacity to manage the financial implications of climate-related risks. The goal of the framework is to support sound public financial management strategies that take into account budgetary and financing constraints, and to foster broader actions at the national and international levels. The report examines the role of governments in identifying and assessing climate-related physical risks and their impacts on public finances, and reporting climate-related fiscal risks to promote transparency in public financial management. It discusses how to mitigate those risks through protecting households and businesses, and developing integrated multipronged financial strategies to fund government expenditure needs. Finally, it calls for promoting integrated strategies to strengthen financial resilience at the country and regional levels, and for mobilising development co-operation to strengthen global climate financial resilience.

Author : Leonardo Martinez-Diaz,Jesse M. Keenan
Publisher : U.S. Commodity Futures Trading Commission
Page : 196 pages
File Size : 51,6 Mb
Release : 2020-09-09
Category : Science
ISBN : 9780578748412

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Managing Climate Risk in the U.S. Financial System by Leonardo Martinez-Diaz,Jesse M. Keenan Pdf

This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Author : OECD
Publisher : OECD Publishing
Page : 360 pages
File Size : 53,9 Mb
Release : 2021-11-01
Category : Electronic
ISBN : 9789264439665

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Managing Climate Risks, Facing up to Losses and Damages by OECD Pdf

This report addresses the urgent issue of climate-related losses and damages. Climate change is driving fundamental changes to the planet with adverse impacts on human livelihoods and well-being, putting development gains at risk.

Author : The Expert Panel on Climate Change Risks and Adaptation Potential
Publisher : Council of Canadian Academies
Page : 88 pages
File Size : 54,8 Mb
Release : 2019-07-04
Category : Science
ISBN : 9781926522678

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Canada’s Top Climate Change Risks by The Expert Panel on Climate Change Risks and Adaptation Potential Pdf

Canada’s Top Climate Change Risks identifies the top risk areas based on the extent and likelihood of the potential damage, and rates the risk areas according to society’s ability to adapt and reduce negative outcomes. These 12 major areas of risk are: agriculture and food, coastal communities, ecosystems, fisheries, forestry, geopolitical dynamics, governance and capacity, human health and wellness, Indigenous ways of life, northern communities, physical infrastructure, and water. The report describes an approach to inform federal risk prioritization and adaptation responses. The Panel outlines a multi-layered method of prioritizing adaptation measures based on an understanding of the risk, adaptation potential, and federal roles and responsibilities.

Author : OECD
Publisher : OECD Publishing
Page : 180 pages
File Size : 50,5 Mb
Release : 2024-04-09
Category : Electronic
ISBN : 9789264762138

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Infrastructure for a Climate-Resilient Future by OECD Pdf

This report discusses ways of enhancing government capacities to prevent, react and rebuild, thereby minimising the impact of natural disasters on infrastructure assets and operations. It identifies data, collaboration and technologies as drivers of resilience, and highlights financial resources, technical skills and regulatory frameworks as key enablers. The report presents seven actionable principles to ensure infrastructure resilience, drawing from global good practices and in-depth analyses of infrastructure projects in Colombia, Ghana, India, Indonesia, Japan, Mozambique and the United States.

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 149 pages
File Size : 48,5 Mb
Release : 2023-11-01
Category : Business & Economics
ISBN : 9789292704766

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Climate Resilient Fiscal Planning by Asian Development Bank Pdf

This report shows how adopting good practices around climate-resilient fiscal planning can help decision-makers in Asia and the Pacific ramp up public and private resources to plug the yawning adaptation financing gap. Outlining a three-step framework, the report explains the need to effectively assess the rising impacts of climate change, develop a fiscal risk management strategy, and optimize available resources. It underscores why coherent action hinges on a solid understanding of the impacts of climate change and how central finance agencies can better integrate climate risk into decision-making to lead the drive towards economic resilience.

Author : OECD
Publisher : OECD Publishing
Page : 131 pages
File Size : 55,5 Mb
Release : 2023-11-16
Category : Electronic
ISBN : 9789264714250

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Green Finance and Investment Scaling Up Adaptation Finance in Developing Countries Challenges and Opportunities for International Providers by OECD Pdf

This report analyses current trends of adaptation finance provided and mobilised by developed countries for developing countries. It explores potential action areas for international providers to scale up funding for climate change adaptation, including by unlocking the potential of the private sector.

Author : Rute Saraiva
Publisher : Springer Nature
Page : 380 pages
File Size : 41,9 Mb
Release : 2024-06-02
Category : Electronic
ISBN : 9783031494604

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Sustainable Finances and the Law by Rute Saraiva Pdf

Author : OECD
Publisher : OECD Publishing
Page : 138 pages
File Size : 47,8 Mb
Release : 2024-02-14
Category : Electronic
ISBN : 9789264803077

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The Development Dimension Fostering Catastrophe Bond Markets in Asia and the Pacific by OECD Pdf

This report explores each of these conditions along with policy suggestions for fostering them, and discusses the development of multi-country CAT bonds in Asia and the Pacific.

Author : Kiran Mehta,Renuka Sharma
Publisher : Walter de Gruyter GmbH & Co KG
Page : 360 pages
File Size : 48,6 Mb
Release : 2023-12-04
Category : Business & Economics
ISBN : 9783111170022

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Sustainability, Green Management, and Performance of SMEs by Kiran Mehta,Renuka Sharma Pdf

In a world facing environmental challenges and socio-economic inequalities, SMEs can drive positive change by integrating sustainability principles into their business practices. This book examines the relationship between sustainability, green management, and SME performance, providing insights, strategies, and case studies to guide SMEs towards a more sustainable future and long-term viability. Drawing from extensive research, the book analyzes the drivers, barriers, and motivations influencing SMEs' adoption of sustainability practices. It offers practical recommendations on overcoming resource constraints, awareness gaps, regulatory complexities, and resistance to change. It explores emerging trends such as digital technologies, circular economy approaches, clean energy transitions, and social innovation and discusses collaboration among SMEs, academia, and government agencies as a crucial factor for innovation and scaling up sustainable practices. Sustainability, Green Management and Performance of SMEs is a comprehensive and practical guide for SMEs seeking to integrate sustainability into their business strategies. It inspires and supports SMEs on their journey towards environmental stewardship, social responsibility, and long-term profitability, thus enabling them to unlock new business opportunities, gain a competitive edge, and secure their future in a changing global economy.

Author : Bozena Radzewicz-Bak,Jérôme Vacher,Gareth Anderson,Filippo Gori,Mahmoud Harb,Ms. Yevgeniya Korniyenko,Ms. Jiayi Ma,Moheb T Malak,Ms. Dorothy Nampewo,Sahra Sakha
Publisher : International Monetary Fund
Page : 80 pages
File Size : 50,8 Mb
Release : 2024-02-12
Category : Business & Economics
ISBN : 9798400255250

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Preparing Financial Sectors for a Green Future by Bozena Radzewicz-Bak,Jérôme Vacher,Gareth Anderson,Filippo Gori,Mahmoud Harb,Ms. Yevgeniya Korniyenko,Ms. Jiayi Ma,Moheb T Malak,Ms. Dorothy Nampewo,Sahra Sakha Pdf

The financial sectors of the Middle East and Central Asia (ME&CA) countries should play an important role in supporting climate-related policies for the region. The sectors are vulnerable to downside risks from climate-related shocks and at the same time offer the potential to help fill the financing gap for needed adaptation and mitigation strategies. Successful approaches to climate change in the region therefore need to coherently integrate financial sector strategies within the overall policy framework to meet this important challenge. To this end, policymakers must ensure that financial sectors are prepared for a green future. This means enhancing the resilience of banks to physical and transition risks from climate change and boosting the capacity of insurance sectors to speed recovery from climate-related disasters and help offset economic costs. Moreover, policies are needed to foster an enabling environment for private green finance, attract investment from other official entities, such as sovereign wealth funds (SWF), and facilitate support from international financial institutions and multilateral development banks. In the near term, policy efforts should center around better understanding and measuring climate-related risks. This includes prioritizing the implementation of methodologies for quantifying and reporting such risks, promoting their transparent disclosure by financial institutions, and strengthening frameworks for their forecasting and analyzing. Over the medium term, governments can play an important role in supporting green finance through incentives and market mechanisms, phasing-out energy subsidies, and introducing new tools and markets (such as carbon pricing frameworks), which can stimulate demand for investment in green technologies. The paper offers a unique regional perspective on climate risks in ME&CA's financial sectors and outlines the road ahead in transitioning to a green future. It is the first to evaluate the impact of climate change on banking institutions in the region and assess the capacity of insurance in mitigating climate-related damages and losses. It contributes to the existing literature by synthesizing the size and nature of regional financing needs for adaptation and mitigation and discussing both opportunities and challenges for the development of green finance. The paper's policy recommendations provide guidance to policymakers on how to develop regulatory responses to enhance financial sustainability amid climate change risks.

Author : OECD,European Commission,CAF Development Bank of Latin America,Economic Commission for Latin America and the Caribbean
Publisher : OECD Publishing
Page : 338 pages
File Size : 51,6 Mb
Release : 2022-11-07
Category : Electronic
ISBN : 9789264957121

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Latin American Economic Outlook 2022 Towards a Green and Just Transition by OECD,European Commission,CAF Development Bank of Latin America,Economic Commission for Latin America and the Caribbean Pdf

What challenges and opportunities does the green transition entail for Latin America and the Caribbean? This 15th edition of the Latin American Economic Outlook explores options for the region to recast its production models, transform its energy matrix and create better jobs in the process.

Author : International Monetary,International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 38 pages
File Size : 41,6 Mb
Release : 2021-12-22
Category : Business & Economics
ISBN : 9781616355098

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Strengthening Infrastructure Governance for Climate-Responsive Public Investment by International Monetary,International Monetary Fund. Fiscal Affairs Dept. Pdf

Countries have committed, through the Paris Agreement and the Sustainable Development Goals (SDGs), to pursue climate targets and policies that would limit global temperature rise to well below 2 degrees Celsius, compared to pre-industrial levels. A shift toward green public investment will help to mitigate greenhouse gas (GHG) emissions. In addition, substantial public investment will be necessary to build public infrastructure that makes economies more resilient to climate change and related natural disasters. Climate change mitigation and adaptation challenges thus compound preexisting needs for public investment to foster the economic recovery from the pandemic and to meet the SDGs in a broader range of areas, often in a context of limited fiscal space. Against this backdrop, a priority for all countries is to manage their public investment efficiently and effectively. To help countries improve the institutions and processes for infrastructure governance (the planning, allocation, and implementation of public investment), the IMF developed in 2015 the Public Investment Management Assessment (PIMA), which has already been applied in over 70 countries. However, the current PIMA does not provide a sufficiently tailored assessment of how public investment management can support climate change mitigation and adaptation. To fill this gap, this paper introduces a new module to the to the current Public Investment Management Assessment (PIMA) framework, the “Climate-PIMA” (C-PIMA), whose goal is to help governments identify potential improvements in public investment institutions and processes to build low-carbon and climate-resilient infrastructure.

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 66 pages
File Size : 47,8 Mb
Release : 2019-07-03
Category : Business & Economics
ISBN : 9781498323147

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Grenada by International Monetary Fund. Fiscal Affairs Dept. Pdf

Grenada has made significant strides to counter climate change but meeting the daunting remaining challenges will require domestic policy actions and sustained international support. Climate change is an existential threat to Grenada. Increasing frequency and intensity of coastal storms threatens infrastructure and livelihoods, as do increased risk of coastal flooding and drought. Notably, Hurricane Ivan in 2004 caused damages of over 200 percent of GDP. Grenada has recognized this by placing climate resilience at the center of its policy making and forging strategic alliances with key global climate finance providers. However, the challenges facing the country remain daunting and will require large increases in international support, both financial and technical, to assist the Grenadian authorities turn their impressive resilience plans into action.