Why Public-Private Partnerships (PPPs) are an important first step in incorporating climate resilience into infrastructure projects.
Climate change is a hot topic in the media. You don’t have to be a scientist to notice that the world around us is changing. We have seen extreme weather events all over the world in the last few years, from bush fires in Australia and the United States to flooding in Belgium and Germany, landslides caused by heavy rains in Brazil, and, in India, this year saw the highest temperatures recorded for March and April; a staggering 47 degrees centigrade.
The International Conference on Disaster Resilient Infrastructure (ICDRI 2022) was held last week. The seminar was launched by Mr.Kees van der Burg of the Netherlands’ Ministry of Infrastructure and Water Management, who stated, “We must move forward in thinking with nature rather than against nature.” And it all makes sense. Why battle against nature when there are alternatives that work with it?
“There is not enough concrete in the world to protect us from climate change”
The strains and shocks caused by weather-related occurrences harm and destroy our infrastructure. The World Bank estimates that the yearly cost of infrastructure disruptions to homes and companies worldwide is around US$390 billion. Nature-based solutions provide a superior option and are frequently less expensive than traditional treatments, and they are being applied around the world. More education, however, is required so that we constantly consider working with nature rather than against it.
PPPs are an important entry point for incorporating climate adaptation and resilience into infrastructure projects. However, as Dr. Kevin Kariuki of the African Development Fund pointed out, there is a dearth of understanding about how PPPs may be used to manage climate risks and create climate-resilient infrastructure. As a result, in 2022, they will use GCA’s Climate-Resilient Infrastructure Workshop program to assist investment projects across the African Development Bank’s whole portfolio. The program includes a free manual and an online self-paced training course, as well as the opportunity to gain official certification by passing an exam.
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