cover image: Reference Guide on Adaptation Co-Benefits : A Comprehensive Guide to Capturing Climate Change Adaptation Co-Benefits Generated by World Bank Projects (English)

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Reference Guide on Adaptation Co-Benefits : A Comprehensive Guide to Capturing Climate Change Adaptation Co-Benefits Generated by World Bank Projects (English)

11 Nov 2021

Climate Co-Benefits are the financial resources committed by the World Bank to development operations, which deliver positive benefits associated with the reduction of greenhouse gas (GHG) emissions (climate change mitigation) and/or enable project/program beneficiaries to adapt to impacts of climate change (climate change adaptation). Climate change adaptation is undertaken to lower the current and expected risks or vulnerabilities posed by climate change. A project's climate change adaptation co-benefits are determined by counting the financing dedicated to components, sub-components, prior actions (PAs), or disbursement-linked indicators (DLIs) that address, or are designed as adaptation measures to, climate change risks, and that increase the overall climate resilience of the project, project sector, and/or project beneficiaries. The World Bank calculates adaptation co-benefits for its lending operations using the Joint MDB Methodology, which stipulates a context- and location-specific approach to capture financing directly linked to addressing climate change vulnerability in projects. Under this approach, adaptation co-benefits can be assigned to projects/programs only if their documents: (i) provide the project's climate change vulnerability context; (ii) articulate an Intent to Address vulnerability; and (iii) establish a link to project activities. This approach, referred to as the “three steps,” has been refined over time in discussions with other MDBs, but the basic steps remain as they were originally published in 2012. This report aims to specify the type and extent of information that project documents need to incorporate to ensure that climate co-benefits assessments fully capture adaptation co-benefits generated by project activities.
coastal zone management adaptation to climate change real estate market vector-borne disease food and nutrition security global climate change rising sea levels impact of climate change disbursement linked indicators resilience to climate change primarily due water use efficiency effect of climate change vulnerability to climate change incremental cost early warning system climate-related risks development policy operation improved water supply improving food security environment and natural resources management of forest capacity of institutions adverse effects of climate change improved agricultural practice implementation of policies increase in temperature climate co-benefits response to climate change fight against poverty surface water harvesting climate adaptation measure extreme rainfall events contribution to climate change information on climate intensity of hurricanes frequency of droughts heat resistant material integrated management of coastal zones program concept note

Authors

Shenvi,Apoorva Narayan, Weigum,Natalie Marie, Gu,Sohee

Disclosure Date
2021/11/11
Disclosure Status
Disclosed
Doc Name
Reference Guide on Adaptation Co-Benefits : A Comprehensive Guide to Capturing Climate Change Adaptation Co-Benefits Generated by World Bank Projects
Published in
United States of America
Series Name
Climate Change Advisory and Operations;
Total Volume(s)
1
Unit Owning
Climate Change Director (SCCDR)
Version Type
Final
Volume No
1

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