This IP3 course focuses on the strong convergence between climate change and public-private partnerships for the delivery of public infrastructure and services. It does so by analyzing the application into PPPs of the latest instruments designed to cope with the challenges posed by climate change from two perspectives:
Most scientific evidence clearly points out to the effects that human activity is having in destabilizing the climate, a trend that has been accelerating, and is having pernicious impacts, ranging from weather unpredictability, extreme temperatures, ocean warming and acidification, rising sea levels, floods, and extended droughts, among a myriad of other examples. These impacts pose an acute threat to public infrastructure and the services they provide, and thus to the quality of life of most countries.
Climate change matters from a public-private partnership perspective because societies worldwide are increasingly being forced to cope with these rather significant impacts, either by:
Along this line, PPP policy frameworks and individual projects increasingly need to take into consideration climate-related uncertainties, particularly in the case of capital-intensive infrastructure investments.
The goal of the course is threefold. The first goal is to provide the participant with an understanding of the impacts of climate change, primarily those related to public infrastructure and services in general, and PPPs in particular.
The second goal is to provide a knowledge basis for the formulation and implementation of climate finance solutions that can be used to finance public infrastructure projects implemented by means of a PPP.
The third goal is to provide to the participant with knowledge about the key tools that can be embedded in PPP projects to ascertain either their resilience to risks posed by climate change, or to actually ameliorate climate change impacts.
Through successful completion of this course, participants will be able to:
Who Will Benefit