Opening OECD Infrastructure Forum: Plenary 1 - Making infrastructure fit for purpose in a changing climate

Apr 9, 2024 | 7:45 AM - 8:30 AM

Description

Room CC1 With intensifying climate change, infrastructure is and will be increasingly affected by climate variability and extreme weather events. The resilience of infrastructure is a key determinant of a country’s overall economic and social resilience to climate risks. In addition to safety and security risks for citizens, resilient infrastructure has economic consequences for investors and for governments in terms of repairing or replacing infrastructure, downstream economic costs of infrastructure failures and the use of damaged or unusable infrastructure, leading to lost revenues and contingent liabilities. Speakers will highlight the strong interplay of institutional, policy, regulatory, technical and financial design that is needed to adapt infrastructure to the impacts of climate change and to make investments in climate resilience happen. A new OECD flagship report “Infrastructure for a Climate-Resilient Future” will also be launched in this session.