1. Adaptation & Resilience
JOHN ROOME, SENIOR DIRECTOR, CLIMATE CHANGE
13 APRIL 2019

2. Presentation Outline 1
WBG Action Plan on Adaptation & Resilience Boosting Adaptation Finance Whole of Government Approach Mainstreaming Climate Risk Management Building Social Resilience 2 3 4 5

3. Small States are at the Frontline of Climate Change

4. What does this mean for Small States?
Core Objectives
Mainstream
Finance
What does this mean for Small States?
Metrics

5. Resilience Building in Small States is Already Taking Place
25% of investments in Small States have Climate Adaptation co-benefits in FY 17 and FY 18
41% of investments in Small Island States have Climate Adaptation co-benefits in FY18

6. Boosting Adaptation Finance
Ramping up Commitments
Invest $50 billion - around $10 billion a year between FY21 and FY25 -  in adaptation co-benefits. More financing opportunities for small states.
Diversifying Instruments
Continue to diversify portfolio of financial instruments, including use of Development Policy lending, contingent lines of credit and Program-for-Results financing.
Mobilizing Private Sector Finance
Work with countries to create enabling environment for private sector engagement in adaptation.

7. Whole of Government Approach
Mainstream Adaptation at All Levels
Support systematic climate risk management and upstream support to Ministries of Finance and Planning
Example
Fiji Vulnerability Assessment with interest for replication in Dominica 

8. Mainstreaming Climate Risk Management
Increasing Sectoral Resilience
Support sectoral line-ministries with tools and analytics to systematically integrate climate risk management across sectors
Example Transportation Sector in SIDS (e.g.: Samoa, Solomon Islands, Vanuatu, Cape Verde, Saint Vincent and Grenadines)  

9. Building Social Resilience
Leaving No One Behind
Integrate social resilience, gender, and citizen engagement in all phases of adaptation planning and investment
Example Jamaica Disaster Vulnerability Project. WBG and government developing a CERC to provide social safety net following natural disasters 

10. Thank You www.worldbank.org/climatechange