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Managing for climate risk: Approaches and perspectives from the World Bank, USAID, International Finance Corporation and Inter-American Development Bank
A changing and more variable climate, bringing with it increasingly frequent, longer and more severe droughts, heat waves, floods and extreme weather events, is putting the most vulnerable populations at higher risk of disease, displacement, and loss of livelihoods. Climate change also threatens to undermine development interventions aimed at improving the lives and livelihoods of vulnerable populations. To improve resilience to both current and future climate, as well as safeguard development gains, several leading organizations within the international development community have implemented processes to manage climate risk at various levels from high-level country strategies to specific project activities.
At the June Adaptation Community Meeting, the United States Agency for International Development (USAID), the World Bank, the International Finance Corporation, and the Inter-American Development Bank will come together to discuss each organization’s current and emerging approaches to climate risk management. The discussion will highlight each organization’s approach, initiatives to track and assess the effectiveness of climate risk management, lessons learned, and ideas for the future.
Becky Chacko, Senior Climate Change Integration Specialist, USAID
Ana Bucher, Senior Climate Change Specialist, World Bank
David Gibson, Senior Environmental and Social Risk Management Specialist, International Finance Corporation
Maricarmen Esquivel Gallegos, Climate Change Specialist, Inter-American Development Bank
Photo credit: Armand Hough, 2014, A child surveys the flood damage from heavy rainfall in Squalo, an informal settlement near Cape Town.
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