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Climate resilience and adaptation

Introduction

We have entered an era where climate risk is real, with extreme events and changes in hydrological patterns increasingly expected. Financial institutions seek to address this risk by encouraging projects to be resilient to climate change, while businesses must consider how to incorporate climate-related risks into project design and operations. 

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The World Bank defines climate resilience as “the ability to withstand, recover from, and reorganize in response to climate change so that all members of society may develop or maintain the ability to thrive”.

Actions for climate resilience are those that seek to reduce sensitivity, or increase adaptive capacity, to climate change. From a policymaking standpoint, climate resilience calls for the development of systems that are inherently capable of absorbing change, and even capable of utilising climate change to become more efficient.

Hydropower systems are characterised by their longevity and are traditionally designed on the basis of historical hydrological data. Planning hydropower systems from a long-term, climate-resilient perspective should include the aim to ensure that future generations inherit institutions and infrastructure that will not be compromised by climate change.

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