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dc.titleImproving Climate Resilience in Public Private Partnerships in Jamaica
dc.contributor.authorFrisari, Giovanni Leo
dc.contributor.authorMills, Anaitée
dc.contributor.authorSilva Zuniga, Mariana C.
dc.contributor.authorDonadi, Elisa
dc.contributor.authorHam, Marcel
dc.contributor.authorShepherd, Christine
dc.contributor.authorPohl, Irene
dc.contributor.orgunitClimate Change Solutions Division
dc.coverageJamaica
dc.date.available2020-06-05T16:00:00
dc.date.issue2020-06-05T14:00:00
dc.description.abstractThe need to consider climate change issues in the provision of infrastructure services through PPPs originates from two key observations: On one side, Jamaica like many small island states faces many risks associated with climate change. To safeguard against a future in which natural disasters and hazards may occur more frequently or with greater intensity due to climate change, the country seeks to ensure that its infrastructure stock can withstand such occurrences. At the same time, Jamaica has been seeking to develop and build its infrastructure with an increased role for the private sector, developing an effective Public Private Partnerships model that is well regarded in the region. As very long-dated contractual relationships, the success of PPPs is highly dependent on an accurate, sustainable and efficient distribution of risks and benefits between the public and private counterparts of the transaction risk distribution that can be perturbed significantly by climate change. Following the typical structure of a PPP process, from project identification to contract management, this report identifies several instruments and tools already used to address climate change issues in the context of Jamaica's infrastructure production albeit not always in a systematic way that could be integrated in the PPP process in a more institutionalized and standardized manner, identifying options for a low-cost and seamless implementation of a Resilient PPP model.
dc.format.extent87
dc.identifier.doihttp://dx.doi.org/10.18235/0002394
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Improving-Climate-Resilience-in-Public-Private-Partnerships-in-Jamaica.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectSustainable Infrastructure
dc.subjectClimate Change
dc.subjectPublic Investment
dc.subjectClimate Finance
dc.subjectPublic Private Partnership
dc.subjectGreen Bond
dc.subjectDevelopment Bank
dc.subjectClimate Risk
dc.subjectClimate Resilience
dc.subjectEnvironmental Impact
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.keywordsclimate change;PPPs;Jamaica;Public-private Partnerships;Climate resilience
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-01916
idb.operationRG-T2728
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