Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change

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...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/860801611264556929/Resilience-Rating-System-A-Methodology-for-Building-and-Tracking-Resilience-to-Climate-Change-A-Summary
http://hdl.handle.net/10986/35039
id okr-10986-35039
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spelling okr-10986-350392021-06-14T09:52:53Z Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change World Bank Group CLIMATE RESILIENCE CLIMATE CHANGE DISASTER RISK MANAGEMENT CLIMATE CHANGE IMPACT GREENHOUSE GAS EMISSIONS PROJECT PREPARATION PROJECT APPRAISAL CLIMATE CHANGE MITIGATION CLIMATE CHANGE ADAPTATION GREENHOUSE GAS ACCOUNTING CLIMATE RISK GREEN GROWTH 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. 2021-01-22T14:47:48Z 2021-01-22T14:47:48Z 2021-02 Report http://documents.worldbank.org/curated/en/860801611264556929/Resilience-Rating-System-A-Methodology-for-Building-and-Tracking-Resilience-to-Climate-Change-A-Summary http://hdl.handle.net/10986/35039 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CLIMATE RESILIENCE
CLIMATE CHANGE
DISASTER RISK MANAGEMENT
CLIMATE CHANGE IMPACT
GREENHOUSE GAS EMISSIONS
PROJECT PREPARATION
PROJECT APPRAISAL
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE ADAPTATION
GREENHOUSE GAS ACCOUNTING
CLIMATE RISK
GREEN GROWTH
spellingShingle CLIMATE RESILIENCE
CLIMATE CHANGE
DISASTER RISK MANAGEMENT
CLIMATE CHANGE IMPACT
GREENHOUSE GAS EMISSIONS
PROJECT PREPARATION
PROJECT APPRAISAL
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE ADAPTATION
GREENHOUSE GAS ACCOUNTING
CLIMATE RISK
GREEN GROWTH
World Bank Group
Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change
description 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.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change
title_short Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change
title_full Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change
title_fullStr Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change
title_full_unstemmed Resilience Rating System : A Methodology for Building and Tracking Resilience to Climate Change
title_sort resilience rating system : a methodology for building and tracking resilience to climate change
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/860801611264556929/Resilience-Rating-System-A-Methodology-for-Building-and-Tracking-Resilience-to-Climate-Change-A-Summary
http://hdl.handle.net/10986/35039
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