Resilience Initiative (SISRI) Sofia Bettencourt Lead Adaptation - - PowerPoint PPT Presentation

resilience initiative sisri
SMART_READER_LITE
LIVE PREVIEW

Resilience Initiative (SISRI) Sofia Bettencourt Lead Adaptation - - PowerPoint PPT Presentation

The Small Island States Resilience Initiative (SISRI) Sofia Bettencourt Lead Adaptation Specialist, GFDRR The Small Island States Resilience Initiative (SISRI) Resilience at the center Current program and GFDRRs role Lessons


slide-1
SLIDE 1

The Small Island States Resilience Initiative (SISRI)

Sofia Bettencourt Lead Adaptation Specialist, GFDRR

slide-2
SLIDE 2

The Small Island States Resilience Initiative (SISRI)

  • Resilience at the center
  • Current program and GFDRR’s role
  • Lessons learned
  • Scaling it up
  • Next steps
slide-3
SLIDE 3

Resilience to Climate Change and Disasters is at the center of the development challenges faced by Small Island States

0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10%

  • Small Island States

account for two thirds of the countries with highest relative annual disaster losses

  • Losses average

1-9% of GDP per year

  • This acts as a

‘leaking bucket’, pulling back economic growth and development

Small Island States Other Countries

Average Annual Disaster Losses (as % of GDP)

slide-4
SLIDE 4

Caribbean Program Indian Ocean Program (starting) Pacific Islands Program

CCRIFI IOC SPC/SOPAC

West Africa (starting)

National-level investments; regional and national-level TA

Four Regional Programs Emerging

slide-5
SLIDE 5

GFDRR has Provided Critically Important Support to this Growing Program ...

  • GFDRR Technical Assistance Grants

are active in 18 of the 26 countries where the WBG is supporting climate and disaster resilience

  • In many cases, GFDRR funded the

initial TA that informed long-term programs

  • Financed by European Commission

(ACP/EU), Government of Japan, MDTF, and Australia

  • Main focus:
  • 1. Mainstreaming
  • 2. Risk Assessment
  • 3. Risk Financing
  • 4. Post Disaster Needs

Assessments

Source: World Bank Group Small Island States database

GFDRR Adaptation Fund PPCR Other TFs IDA IBRD

Total Financing for Disaster and Climate Resilient Development in Small Island States Managed by the World Bank Group as a Trustee (Active and Programmed Portfolio) US$1.5 billion

$40.5 Million

slide-6
SLIDE 6

Mainstreaming Resilience - the example of Belize

  • GFDRR Grant helped Belize prioritize transport

infrastructure vulnerable to disasters

  • Government adopted a National Climate

Resilience Investment Plan

  • US$430 million targeted for retrofitting and

upgrading to disaster/climate change standards

  • This was followed by a US$30 million IBRD

investment project, focusing on priority roads

  • Belize has now nearly closed the financing gap
  • The entire road network of Belize is expected to

be made climate resilient

slide-7
SLIDE 7

Risk Assessment - Measuring the Progress of Resilience

  • The Pacific Catastrophe Risk Assessment and

Financing Initiative (PICRAFI), for example, has mapped more than 2 million buildings in areas at risk

slide-8
SLIDE 8

Current 16 members of CCRIF

8

 Anguilla  Antigua and Barbuda  The Bahamas  Barbados  Belize  Bermuda  Cayman Islands  Dominica  Grenada  Haiti  Jamaica  Saint Kitts and Nevis  Saint Lucia  Saint Vincent and the Grenadines  Trinidad and Tobago  Turks and Caicos

Risk Financing – Expanding the Experience of CCRIFI to the Pacific and Indian Oceans

The model of the Caribbean Catastrophe Insurance Facility (CCRIFI), is being replicated in the Pacific and Indian Ocean Island Regions with the support of GFDRR, the EC, Government of Japan and Regional Organizations. By pooling the risk across multiple countries, premiums can be lowered

slide-9
SLIDE 9

Current 16 members of CCRIF

9

Post Disaster Needs Assessments Preparing for Resilient Reconstruction

  • In recent years, GFDRR funded rapid post

disaster assessments in St. Lucia, St. Vincent and Grenadines, Tonga, Solomon Islands, Seychelles and Comoros…

  • These assessments have facilitated

countries’ access to funding for more resilient reconstruction…

  • Much of it was funded through grants

What have we learnt?

slide-10
SLIDE 10

Considerable available funding, but fragmented and not easily accessible

  • With few exceptions, no

Small Island State has yet qualified for direct access to global climate funds

  • Access is through an

accredited Implementing Agency – World Bank, ADB, UNDP, UNEP, FAO…

  • There are 9 different

Implementing Agencies for the largest available fund, the Least Developed Countries Fund.

  • The Solomon Islands

managed 22 different CCA/DRM projects in 2012…

Green Climate Fund Funding through Multi-lateral Development Banks Dedicated Global Climate funds and/or funding through UN-agencies/programs Bilateral Funding Funding through Regional Organizations

slide-11
SLIDE 11

Amount per Country not clearly linked to Vulnerability

Funding influenced by:

  • IDA envelopes
  • UN’s Least Developed

Country status

  • Maturity of national

programs

  • Recent disasters
  • Donor traditional ties

Funding per Capita for Climate and Disaster Resilience, (channeled through WBG as a Trustee)

Some highly vulnerable countries get relatively small allocations

slide-12
SLIDE 12

There is a need to further combine funding and harmonize procedures to make financing more accessible and predictable

Climate and Disaster Financing Roadmap:

FRAGMENTED LANDSCAPE (Current Situation) NATIONAL PROGRAM APPROACH (Sources of funds are increasingly complementary) HARMONIZED PROCEDURES (Several Sources of funds following same procedures) DIRECT ACCESS (Funding combined, strengthened country procedures)

slide-13
SLIDE 13
  • Aims to facilitate and scale up the existing

programmatic assistance

  • Specific to Small Island States
  • Combine Technical Assistance with investment
  • Focus on both disaster and climate risks
  • Allows for sharing of experiences across regions

(Caribbean/Pacific/Indian Ocean/West Africa)

  • Would measure the progress of resilience within

countries

  • Strengthen countries fiduciary and technical

capacity to prepare them for direct access

The Small Island States Resilience Initiative (SISRI)

slide-14
SLIDE 14
  • A dedicated thematic initiative specializing on

Small Island States

  • Specialized Knowledge Products, such as:

– Atoll Islands Resilience Study – SimpleCoast: On-line manual of simple coastal resilience options – Measuring Resilience in Small Island States – Best Practices in Climate and Disaster Risk Financing – Population Retreat from High Risk Areas – Project Management Best Practices

  • Facilitate access to financing – map out existing

sources, aggregate funding, and identify gaps

  • Work with the WBG and other partners towards

long-term, programmatic engagement

Next Steps for SISRI

slide-15
SLIDE 15

The Small Island States Resilience Initiative (SISRI) Questions?

For further information, please contact: Sofia Bettencourt, sbettencourt@worldbank.org Francis Ghesquiere, fghesquiere@worldbank.org