Adapting Public Investment to Climate Change in Latin America (IPACC II)
As of: November 2019
Objective and activities
Between 11/2011 and 04/2015, in partnership with the Peruvian Ministries (MEF and MINAM), Adapting Public Investment to Climate Change Project (IPACC I) was executed, achieving the implementation of climate risk analyses in the national procedures for public investment. Thereby, in order to exploit the Peruvian advances and expand their experiences, IPACC II was commissioned. On the one hand this project will strengthen the capacities in Peru. On the other hand this innovative approach shall be adapted and transferred to other countries of Latin America, specifically to Brazil and Colombia. This project contributes considerably to reducing climate induced economic, social and ecologic damages and thereby leads to a better adaptation to climate change.
- Adapting Public Investment to Climate Change
State of implementation/results
• Representatives from all three countries shared their experiences on how to integrate risk management and climate change into the planning and evaluation of public investment projects at a side event of the Global Facility for Disaster Reduction and Recovery of the World Bank • Representatives of Peruvian and Colombian regional governments visited each other's investment projects that took into account climate risks. • COL: development of a study that analyzes and evaluates projects in the transport sector and climate change risks • BRA: Training of the National Development Bank on "Climate Change and Climate Risk Management in Investment Projects"