Building the climate resilience of sub-national infrastructure
This policy brief aims to further the Presidency’s priority on presidency’s priority on green development, climate finance & lifestyle for environment (LiFE) for this year’s G20. by: i) identifying the current barriers to financing resilient infrastructure at the sub-national and local levels; ii) proposing recommendations for the G20 on necessary policy, regulatory and institutional arrangements informed by international best practices and bilateral consultations with international disaster coalitions.
In order to build resilience, it is imperative that G20 countries issue guidance and enablers for sub-national entities to be equipped with the necessary resources. These include: i) developing robust regulation and institutional capacity around RI pipelines; ii) supporting with adequate data and technical assessments to ensure all new projects are screened for resilient design; and iii) leveraging the support of MDBs to mitigate risk and build capacity.