Publication: Resilience Rating System: A Methodology for Building and Tracking Resilience to Climate Change - Synthesizing Key Lessons from IDA19 Piloting
Loading...
Other Files
425 downloads
Date
2024-03-19
ISSN
Published
2024-03-19
Author(s)
Editor(s)
Abstract
In response to the growing recognition that measuring inputs, such as climate finance, is not enough to capture the impacts of investments, the World Bank Group developed the Resilience Rating System (RRS). Developed over a two-year,multi-sectoral consultative process through close collaboration with internal and external actors, the RRS methodology aims to guide investment decisions and improve climate resilience in project design and outcomes. The methodology report is publicly available. The RRS evaluates and rates investment projects from C to A+, based on their resilience attributes in two complementary dimensions. The resilience of rating considers a project’s design, reflecting the confidence that it will achieve its expected objectives and maximize development benefits in the face of climate and disaster risks.The resilience through rating considers a project’s outcomes and reflects its contribution to improving climate resilience in the broader community, sector and systems, and to driving transformational adaptation. Combining the two dimension ratings provides an overall project rating, from CC to A+A+.
Link to Data Set
Citation
“World Bank. 2024. Resilience Rating System: A Methodology for Building and Tracking Resilience to Climate Change - Synthesizing Key Lessons from IDA19 Piloting. © World Bank. http://hdl.handle.net/10986/41225 License: CC BY-NC 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Resilience Rating System(World Bank, Washington, DC, 2021-02)Resilience is the capacity to prepare for disruptions, recover from shocks, and grow from a disruptive experience. The World Bank Group has developed a Resilience Rating System that provides guidance and specific criteria to assess resilience along two complementary dimensions. 1. Resilience of the project rates the confidence that expected investment outcomes will be achieved, based on whether a project has considered climate and disaster risks in its design, incorporated adaptation measures, and demonstrated economic viability despite climate risks. 2. Resilience through the project rates a project’s contribution to adaptive development pathways based on whether investments are targeted at increasing climate resilience in the broader community or sector. The objectives of the Resilience Rating System are to: (a) Better inform decision makers, investors, and other stakeholders on the resilience of projects and investments; (b) Create incentives for more widespread and effective climate adaptation through enhanced transparency and simpler disclosure; (c) Identify best practices to allow proven lessons on resilience to be scaled up across sectors and countries; (d) Guide project developers on the best ways to manage risk and improve the quality of projects, while allowing flexibility for different sectoral and country contexts. The resilience rating methodology, from C through to A+ in each dimension, can serve as a guide for institutions, public and private sector participants.Publication Building Climate Resilient and Environmentally Sustainable Health Systems in Africa(Washington, DC: World Bank, 2023-09-06)This note summarizes lessons and practices deployed in embedding climate resilience into the design of projects that received catalytic funds from The Africa Climate Resilience Investment Facility (AFRI-RES). It draws from application of the Resilience Booster Tool to specific projects, as relevant, Compendium Volume on Climate Resilient Investment in Sub-Saharan Africa (World Bank (2023) and Guidance, Standards, and Good Practice Notes developed under the program.Publication Building Resilience : Integrating Climate and Disaster Risk into Development(Washington, DC, 2013-11)This report presents the World Bank Group's experience in climate and disaster resilient development and contends that it is essential to eliminate extreme poverty and achieve shared prosperity by 2030. The report argues for closer collaboration between the climate resilience and disaster risk management communities through the incorporation of climate and disaster resilience into broader development processes. Selected case studies are used to illustrate promising approaches, lessons learned, and remaining challenges all in contribution to the loss and damage discussions under the United Nations Framework Convention on Climate Change (UNFCCC). The introduction provides an overview of the UNFCCC and also introduces key concepts and definitions relevant to climate and disaster resilient development. Section two describes the impacts of globally increasing weather-related disasters in recent decades. Section three summarizes how the World Bank Group's goals to end extreme poverty and boost shared prosperity are expected to be affected by rising disaster losses in a changing climate. Section four discusses the issue of attribution in weather-related disasters, and the additional start-up costs involved in climate and disaster resilient development. Section five builds upon the processes and instruments developed by the climate resilience and the disaster risk management communities of practice to provide some early lessons learned in this increasingly merging field. Section six highlights case studies and emerging good practices in climate and disaster resilient development. Section seven concludes the report, summarizing key lessons learned and identifying potential gaps and avenues for future work.Publication Climate Resilient Ningbo Project : Local Resilience Action Plan, Volume 1. Final Report(Washington, DC, 2011-06)Ningbo serves as the Chinese pilot city for the World Bank Climate Resilient Cities (CRC) Program. The CRC program aims to, prepare local governments in the East Asia region to better understand the concepts and consequences of climate change; how climate change consequences contribute to urban vulnerabilities; and what is being done by city governments in East Asia and around the world to actively engage in learning capacity building, and capital investment programs for building sustainable, resilient communities. This local resilience action plan (LRAP) had four parts. Part one investigated natural hazards weather observations and climate models. Seven key climatic parameters were selected: temperature, rainfall, drought, heat wave, flood, tropical cyclone, and sea level rise. Part two examined how the city functions, and pursues socio-economic development through a city vulnerability assessment. The qualitative, city vulnerability assessment was based on five sectors- people, infrastructure, environment, economy, and government. Each sector was analyzed extensively on a range of issues, and compared to other similar Chinese cities to more accurately judge its performances. Part three is the gap analysis. It was performed to understand the government actions and their effectiveness to respond to natural disasters, and whether the current and planned policies and programs address the current and future climate change impacts and natural disasters. This part was supported by the following inventories: inventory of natural disasters, and inventory of policies and programs. Part four therefore was to develop recommendations for each of the city vulnerability sectors. The 70 plus recommendations are specific to Ningbo's vulnerabilities and risks. They are described briefly, intended to serve as an introduction. Feasibility studies are recommended before further action or implementation.Publication Health Systems Resilience in the Caribbean(World Bank, Washington, DC, 2021-10-26)Caribbean islands are vulnerable to external shocks such as natural disasters, disease outbreaks, and economic decline due to their geographic location, geologies, and economic structures. Most Caribbean countries have small-scale economies that are highly dependent on climate-related activities such as tourism and agriculture. Shocks can therefore have devastating impacts on individuals and communities, and stymie development efforts. Health system resilience (HSR) refers to the capacity of a health system to prepare for and effectively respond to shocks, such as natural disasters and disease outbreaks. While there are important differences between the risks posed by natural disasters and disease outbreaks, both types of hazards have the potential to cripple multiple facets of the health sector at a time of increased demand for health services. As a result, population health outcomes may be adversely affected. Thus, increasing the resilience capacity of a health system ultimately reduces the negative impacts of shocks on population health.
Users also downloaded
Showing related downloaded files
Publication Global Economic Prospects, January 2025(Washington, DC: World Bank, 2025-01-16)Global growth is expected to hold steady at 2.7 percent in 2025-26. However, the global economy appears to be settling at a low growth rate that will be insufficient to foster sustained economic development—with the possibility of further headwinds from heightened policy uncertainty and adverse trade policy shifts, geopolitical tensions, persistent inflation, and climate-related natural disasters. Against this backdrop, emerging market and developing economies are set to enter the second quarter of the twenty-first century with per capita incomes on a trajectory that implies substantially slower catch-up toward advanced-economy living standards than they previously experienced. Without course corrections, most low-income countries are unlikely to graduate to middle-income status by the middle of the century. Policy action at both global and national levels is needed to foster a more favorable external environment, enhance macroeconomic stability, reduce structural constraints, address the effects of climate change, and thus accelerate long-term growth and development.Publication Global Economic Prospects, June 2025(Washington, DC: World Bank, 2025-06-10)The global economy is facing another substantial headwind, emanating largely from an increase in trade tensions and heightened global policy uncertainty. For emerging market and developing economies (EMDEs), the ability to boost job creation and reduce extreme poverty has declined. Key downside risks include a further escalation of trade barriers and continued policy uncertainty. These challenges are exacerbated by subdued foreign direct investment into EMDEs. Global cooperation is needed to restore a more stable international trade environment and scale up support for vulnerable countries grappling with conflict, debt burdens, and climate change. Domestic policy action is also critical to contain inflation risks and strengthen fiscal resilience. To accelerate job creation and long-term growth, structural reforms must focus on raising institutional quality, attracting private investment, and strengthening human capital and labor markets. Countries in fragile and conflict situations face daunting development challenges that will require tailored domestic policy reforms and well-coordinated multilateral support.Publication Rising to the Challenge(Washington, DC: World Bank, 2024-10-31)About 1.2 billion people - one in five people in the world – are at high risk from climate-related hazards, but much can be done to make people, business, communities, and countries more resilient. The new World Bank flagship report “Rising to the Challenge” argues that reducing climate and disaster impacts requires a combination of more rapid development, more resilient development, and targeted adaptation interventions. Development plays a key role as nobody can be resilient without access to basic infrastructure and social services, decent housing, or while living in poverty. While a 10-percent increase in income is associated with a decrease in the population at high risk by close to 100 million people, current development patterns will not be enough. An assessment of 44 countries shows that, in spite of growing attention and adaptation planning, most countries are still lagging in implementing resilience interventions, especially those related to policies and macro-fiscal dimensions, and in the monitoring and evaluation of their actions. However, the report dispels the idea that no progress is being done: a collection of case studies - with firms, governments, and public-private partnerships - shows that the private and public actors are undertaking promising adaptation and resilience efforts with measurable results and good practices that can replicated to scale up action and to build resilience for all.Publication World Bank Annual Report 2024(Washington, DC: World Bank, 2024-10-25)This annual report, which covers the period from July 1, 2023, to June 30, 2024, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors.Publication Business Ready 2024(Washington, DC: World Bank, 2024-10-03)Business Ready (B-READY) is a new World Bank Group corporate flagship report that evaluates the business and investment climate worldwide. It replaces and improves upon the Doing Business project. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. This 2024 report introduces a new analytical framework that benchmarks economies based on three pillars: Regulatory Framework, Public Services, and Operational Efficiency. The analysis centers on 10 topics essential for private sector development that correspond to various stages of the life cycle of a firm. The report also offers insights into three cross-cutting themes that are relevant for modern economies: digital adoption, environmental sustainability, and gender. B-READY draws on a robust data collection process that includes specially tailored expert questionnaires and firm-level surveys. The 2024 report, which covers 50 economies, serves as the first in a series that will expand in geographical coverage and refine its methodology over time, supporting reform advocacy, policy guidance, and further analysis and research.