Economic sector resilience Inclusive Economic Development ...
Transcript of Economic sector resilience Inclusive Economic Development ...
Economic sector resilienceInclusive Economic Development through
Resilience: Opportunities for Doing More and
Doing Differently
Realize “triple dividend”
Positive economic returns and generates new benefits
Increases attractiveness of private investments
Provides new business prospects for the private sector
Opportunities with Climate ResilienceShift the narrative from risk to opportunities
Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently
Moving away from business-as-usual development
Treating climate risk and opportunities as a starting point
Reimagining our understanding of economic development
Addressing systemic barriers
Harnessing the OpportunitiesDoing things more and doing things differently
Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently
1. Long-term planning and fiscal management
2. Resilience systems in economic sectors
3. Resilient infrastructure systems
4. Financial systems and products for resilience
Scaling up Resilience for Economic DevelopmentUnpacking the opportunities at 7 APAN Forum through
4 inter-related topics
Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently
Issues and Approaches
Deepen understanding of climate risk and fiscal sustainability
Factor long-term climate risk in planning
Design and implement climate sensitive fiscal measures
Strengthen capacity for decision making-under uncertainty
Opportunities
Call for action by Global Commission on Adaptation
Coalition for Finance Ministers for Climate Action
Suggestion for APAN Forum
Dedicated session with ministries of planning and finance
1. Planning and Fiscal Management
Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently
Issues and Approaches
Climate resilient pathways
Cross-sectoral interventions to strengthen agriculture and food
systems
Suite of public and private resilience actions in tourism
Strengthen the missing middle with focus on SME resilience
Vocational training to influence labor market for resilient jobs
Opportunities
Update of NDCs and National Adaptation Plans
COVID-19 recovery plans
Suggestions for APAN Forum
Dedicated discussions on resilient tourism
Dedicated session on role of vocational training
2. Economic Sectors
Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently
3. Resilient Infrastructure Systems
Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently
Issues and Approaches
Shift from resilience of infrastructure assets to resilience of systems
Solutions that promote behavioral change through demand
management
Prioritize infrastructure critical for economic performance
Spotlight on resilient urban systems that recognizes informal sector
Opportunities
G20 Quality Infrastructure Principles
Coalition for Disaster Resilient Infrastructure
COVID-19 recovery plans
Suggestions for APAN Forum
Dedicated session on infrastructure critical for economy (e.g. port)
Dedicated session on role of urban-food system
4. Financial Systems and Products
Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently
Issues and Approaches
Innovative financial products for resilience
Imperative for making financial systems resilient
Scaling up of disaster risk financing
Opportunities
Task Force on Climate Related Financial Disclosure
Coalition for Climate Resilient Investment
Suggestions for APAN Forum
Dedicated session on innovative financial products
Dedicated session with financial institutions in managing physical
climate risk