This is a due diligence tool that provides a high-level screening for risks from climate and geophysical hazards at an early stage of project development.
- First, users will identify the Sectors and/or Sub-sectors in which their project is working from the following list: Non-road transportation (Multi-modal and transit systems, Rail, Aviation, Marine transportation, River transportation); Information and communication technology (ICT); Mining and metals; Solid waste; Industry; Natural resources (Forestry, Fisheries, and Biodiversity); Urban; and Other (Finance, Education, and other).
- Next, in the Hazards and Location step, users evaluate the extent to which their project might be exposed to a range of climate and geophysical hazards.
- Then, users integrate the exposure information with their knowledge of the project’s sensitivity to assess potential impact on the selected Sectors / Sub-sectors of the project.
- Users then incorporate adaptive capacity and how it modulates the potential impacts of climate and geophysical hazards. In the Non-Physical Components step, project investments in capacity building, institutional strengthening, and policy development are considered for their contribution to adaptive capacity. The Development Context step examines adaptive capacity in terms of the broader political, social, and economic environment in which the project is taking place.
- Finally, on the basis of the ratings for exposure, potential impact, and adaptive capacity, the user will rate overall risk to the Outcome / Service Delivery.
