Private Sector Resilience snapshot – The ports sector in Colombia
A recent presentation on climate resilience in the Colombian ports sector from our expert Carlos Andres Sanchez Garcia, illustrating initial results from the GCAP/Grupo Laera – led project 'Private Markets for Climate Resilience in Asia, Africa and Latin America'. Highlights include:
Key climate risks to ports include sedimentation of the harbour bed, coastal erosion, sea level rise, and damage to facilities from extreme weather.
Impacts on businesses can be significant, from increased costs of maintenance and operations, to increased insurance premiums for ports in vulnerable zones.
Key resilience solutions include dredging to combat sedimentation, a three-stage ‘elevate, defend, retreat’ strategy to adapt to sea level rise, soft adaptation solutions for coastal erosion, and methods for increased access to climate data.
To see the full presentation visit the following page: https://www.slideshare.net/CarlosGarcia660/colombia-seaport-maritime-industry
For information on 'Private Markets for Climate Resilience' see the main project page here: http://www.climateadaptation.cc/our-work/projects/pmcr#
Established in 2010, GCAP (http://climateadaptation.cc) ranks among the top 10 leading climate think tanks globally, providing knowledge services related to national adaptation investment and finance, climate economics, climate adaptation strategy and planning and climate risk screening. A world class organisation, we support managers holding over $1 billion in funds. Our flagship, Oxford Adaptation Academy (http://www.climateadaptation.cc/our-work/adaptation-academy), is a unique incubator for leadership and innovation within the field of climate adaptation.
Dominic Molloy is an Environmental Economist who works on economic research into ecosystems services, public policy, energy and sustainable land use. Bilingual, in English and Spanish, he has both developed and developing country experience. He has publications in green tourism, fiscal policy, financing for conservation, and the cost of conserving protected areas. Currently based in Colombia, where he has been for the past 3 years, Dominic is working primarily on the IADB funded project ‘Private Markets for Climate Resilience in Latin America, Africa and Asia’, through GCAP’s Colombian partner Grupo Laera.