Publications

Topics
Country
Region
PUBLISHEDDecember 13 2022
AUTHOR(S)ESMAP
Economic Analysis of Power Projects: Integration of Climate Change and Disaster Resilience

From the perspective of economic and financial analysis, a climate change resilience assessment can be defined as an elaboration of how an investment project performs under alternative futures that are subject to high uncertainty about climate change impacts, and an assessment of the cost-effectiveness of mitigation and adaptation options to improve a project’s resilience. As a matter of general methodology, this is no different to the assessment of other risks and uncertainties routinely faced in project design. The main difference is that the uncertainties are much more difficult to define: the uncertainty about the nature, timing and extent of climate change impacts is much greater than the better-known uncertainties that have long been part of project design and appraisal.

The objective of this good practice note is to present a methodology for the integration of climate change and disaster/hazard resilience assessments into the framework of economic analysis as set out in the World Bank’s guidelines for economic analysis of power sector investment projects (GEA 2015).

Citation

ESMAP.

Economic Analysis of Power Projects : Integration of Climate Change and Disaster Resilience (English). ESMAP. Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099220012152219955/P1661220fe68eb082081bf04c6a2c6cb97e

Users also downloaded
This ESMAP report explores the ways in which computable general equilibrium (CGE) models were adapted and used to inform energy subsidy reform design and implementation.
December 11 2023
The Republic of South Sudan is a land-locked country located in East-Central Africa with a population of 11.4 million people. In 2020, the World Bank, in response to South Sudan’s transitional…
June 24 2023
This study aims to facilitate dialogue on urban and rural clean energy e-mobility strategies that reduce air pollution, GHG emissions, and health and economic impacts of mobility in Nigeria.
June 20 2023
These guidelines provide a comprehensive toolkit, including 39 cooling strategies to mitigate Urban Heat Island (UHI) across scales in Guangzhou.
February 21 2023