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dc.titleA Framework and Principles for Climate Resilience Metrics in Financing Operations
dc.contributor.authorAfrican Development Bank
dc.contributor.authorAsian Development Bank
dc.contributor.authorAsian Infrastructure Investment Bank
dc.contributor.authorEuropean Bank for Reconstruction and Development
dc.contributor.authorEuropean Investment Bank
dc.contributor.authorInter-American Development Bank
dc.contributor.authorInternational Development Finance Club
dc.contributor.authorIslamic Development Bank
dc.contributor.orgunitClimate Change Solutions Division
dc.coverageLatin America and the Caribbean
dc.date.available2019-12-05T12:00:00
dc.date.issue2019-12-05T00:00:00
dc.description.abstractClimate resilience metrics are needed to align financing flows with the climate resilience goals of the Paris Agreement, which calls for scaling up both the volume and the effectiveness of financing flows for climate resilience. While multilateral development banks (MDBs) and members of the International Development Finance Club (IDFC) have made progress in scaling up their adaptation financing flows in recent years, this has led to increasing demand for information about how these flows contribute to climate resilience goals. There is also a need for such metrics to be adopted and used across financial markets more widely in order to help mobilize commercial financing in support of the Paris Agreements goals and shift financing from the billions to the trillions. MDBs and IDFC members have an important innovation and leadership role to play in developing and using climate resilience metrics in financing operations, which requires them to go beyond their traditional adaptation finance tracking and develop a wider range of metrics. This paper sets out principles, including core concepts and other characteristics of climate resilience metrics, together with a high-level framework for such metrics in financing operations, focusing mainly on MDB and IDFC operations but with wider applicability to other types of financial institutions.
dc.format.extent44
dc.identifier.doihttp://dx.doi.org/10.18235/0002040
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/A_Framework_and_Principles_for_Climate_Resilience_Metrics_in_Financing_Operations_en.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectClimate Change Adaptation
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.keywordsmetrics framework; climate resilience principles
dc.typeDiscussion Papers
idb.identifier.pubnumberIDB-DP-00722
idb.operationRG-T2183
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