You are in the STAGING environment

Document / Publication

  • Do more with your content!Discover PreventionWeb Services
  • Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change (Vol. 2) : Summary
    https://www.preventionweb.net/go/77597

    Email sent!

    An email has been sent to the email addresses provided, with a link to this content.

    Thank you for sharing!

    OK

Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change (Vol. 2) : Summary

Source(s):  World Bank, the (WB)

Resilience is the capacity to prepare for disruptions, recover from shocks, and grow from a disruptive experience. The World Bank Group has developed a Resilience Rating System that provides guidance and specific criteria to assess resilience along two complementary dimensions.

1. Resilience of the project rates the confidence that expected investment outcomes will be achieved, based on whether a project has considered climate and disaster risks in its design, incorporated adaptation measures, and demonstrated economic viability despite climate risks.

2. Resilience through the project rates a project’s contribution to adaptive development pathways based on whether investments are targeted at increasing climate resilience in the broader community or sector.

The objectives of the Resilience Rating System are to:

(a) Better inform decision makers, investors, and other stakeholders on the resilience of projects and investments;
(b) Create incentives for more widespread and effective climate adaptation through enhanced transparency and simpler disclosure;
(c) Identify best practices to allow proven lessons on resilience to be scaled up across sectors and countries;
(d) Guide project developers on the best ways to manage risk and improve the quality of projects, while allowing flexibility for different sectoral and country contexts.

The resilience rating methodology, from C through to A+ in each dimension, can serve as a guide for institutions, public and private sector participants.



Add this content to your collection!

Enter an existing tag to add this content to one or more of your current collections. To start a new collection, enter a new tag below.

See My collections to name and share your collection
Back to search results to find more content to tag

Log in to add your tags
  • Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change (Vol. 2) : Summary
  • Publication date 2021
  • Author(s) Hallegatte,Stephane; Clement,Viviane Wei Chen; Siddiqi,Sundus Naeem et Al.
  • Number of pages 18 p.

Please note:Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR PreventionWeb, or its sponsors. See our terms of use