Climate Proofing ADB Investment in the Transport Sector

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Nonfiction, Science & Nature, Science, Earth Sciences, Reference & Language, Transportation, Business & Finance, Economics
Cover of the book Climate Proofing ADB Investment in the Transport Sector by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292548568
Publisher: Asian Development Bank Publication: January 1, 2015
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292548568
Publisher: Asian Development Bank
Publication: January 1, 2015
Imprint: Asian Development Bank
Language: English

The transport sector is key to the continued economic development of Asia and the Pacific. By improving connectivity and making the movement of goods and people more affordable, transport contributes to economic growth, efficiency, and competitiveness while providing poor people with access to economic opportunities and services. Various components of the transport infrastructure are exposed and vulnerableto climate change. This is of particular concern to countries in Asia and the Pacific which will experience significant adverse impacts from a changing climate. The Asian Development Bank has put in place a systematic framework guiding the conduct of climate risk and vulnerability assessments of investment projects. Ongoing initiatives will address some of the key challenges encountered when conducting climate risk and vulnerability assessments, including access to readily available climate change information.

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The transport sector is key to the continued economic development of Asia and the Pacific. By improving connectivity and making the movement of goods and people more affordable, transport contributes to economic growth, efficiency, and competitiveness while providing poor people with access to economic opportunities and services. Various components of the transport infrastructure are exposed and vulnerableto climate change. This is of particular concern to countries in Asia and the Pacific which will experience significant adverse impacts from a changing climate. The Asian Development Bank has put in place a systematic framework guiding the conduct of climate risk and vulnerability assessments of investment projects. Ongoing initiatives will address some of the key challenges encountered when conducting climate risk and vulnerability assessments, including access to readily available climate change information.

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