Investment Rating - The report emphasizes the critical need for investment in climate-resilient infrastructure, particularly in developing countries, to support sustainable development goals and manage climate change impacts [10][11][29]. Core Insights - Climate change is increasingly affecting infrastructure, leading to severe damages and disruptions, necessitating proactive investments in climate resilience to protect economic returns and ensure business continuity [10][24][27]. - The report highlights that for every USD 1 invested in climate-resilient infrastructure, there can be an average of USD 4 in benefits over the asset's lifetime, showcasing the economic rationale for such investments [25][49]. - It stresses the importance of integrating climate resilience into all new infrastructure investments and leveraging innovative financial instruments to mobilize additional funding [14][58][59]. Summary by Sections Executive Summary - Infrastructure damages from climate change are expected to worsen, making climate resilience essential for sustainable development [10][11]. - Developing countries face urgent infrastructure needs while managing climate risks, highlighting the necessity for targeted investments [10][11]. Rationale for Climate-Resilient Infrastructure - Climate change has already led to significant warming and increased climate risks, with global mean temperatures exceeding pre-industrial levels by over 1.4°C in 2023 [31]. - The estimated annual cost of adaptation for energy and transportation infrastructure in developing countries ranges from USD 9 billion to USD 35 billion [31]. Assessing Climate Risks - Different infrastructure sectors face varying climate hazards, necessitating tailored risk assessments to understand vulnerabilities and impacts [32][34]. Mainstreaming Climate Resilience - Governments can integrate climate resilience into infrastructure planning through mechanisms like National Adaptation Plans and Environmental Impact Assessments [13][14]. - Multilateral Development Banks (MDBs) play a crucial role in ensuring climate resilience in infrastructure projects in developing countries [13]. Mobilizing Additional Finance - Innovative financial instruments such as green bonds and blended finance mechanisms can attract investment for climate-resilient infrastructure [14][28]. - Tax incentives and emission trading mechanisms can further support funding for climate resilience initiatives [14].
2024年气候适应型基础设施投融资路径研究报告(英)
OECD·2024-09-29 01:25