In response to the growing recognition that measuring inputs, such as climatefinance, is not enough to capture the impacts of investments, the World BankGroup developed the Resilience Rating System (RRS). Developed over a two-year,multisectoral consultative process through close collaboration with internal and externalactors, the RRS methodology aims to guide investment decisions and improve climateresilience in project design and outcomes. The methodology report is publicly available. The RRS evaluates and rates investment projects from C to A+, based on theirresilience attributes in two complementary dimensions. The resilience of ratingconsiders a project's design, reflecting the confidence that it will achieve its expectedobjectives and maximize development benefits in the face of climate and disaster risks.The resilience through rating considers a project's outcomes and reflects its contributionto improving climate resilience in the broader community, sector and systems, and todriving transformational adaptation. Combining the two dimension ratings provides anoverall project rating, from CC to A+A+.
Authors
- Disclosure Date
- 2024/03/19
- Disclosure Status
- Disclosed
- Doc Name
- Resilience Rating System - Summary Brief
- Published in
- United States of America
- Unit Owning
- GGS-Climate Change Group (CCG) (SCCDR)
- Version Type
- Final
- Volume No
- 1