- Documents and publications
Climate costs for Asia Pacific ports
This report is designed to raise awareness of climate change related risks to port infrastructure in Asia, quantifying the potential costs to rebuild and adapt ports to climate change. The objective is to encourage port owners and operators and the banks and investors that finance them to factor the long-term implications of climate change into decision making for their port development plans.
This report focuses on the steps that are rational for port operators to take on their own. In many cases, the physical issues will be relevant to many economic activities along the neighbouring coastline. Consequently, governments, both local and national, will need to think about broader solutions and about rational ways to share costs among the different parties that need enhanced coastal defence and flood protections. It is hoped that the cost projections provided in this report, which are based on first order assumptions, will spur and support decision making through providing context for at least for one major asset class.