Investing In Resilient Infrastructure Projects By Jamal Saghir, June, 2019
Both the public and the private sectors face challenges accessing capital and financing for climate resilience projects, as well as justifying the upfront costs. The term “resilient” refers to the ability of such infrastructure systems, including their interconnected ecosystems and social systems, to absorb disturbance and still retain their basic function and structural capacity.
Infrastructure projects are often vulnerable to the impacts associated with climate change and natural hazards. Climate resilient infrastructure can help safeguard and strengthen developing and emerging countries' economic growth from current and future climate impacts.