Publication: Climate Risk Case Study: Bulleh Shah Paper Mills - Packages, Ltd., Kasur, Pakistan
Loading...
Published
2011
ISSN
Date
2017-01-24
Editor(s)
Abstract
This report presents a climate risk assessment for International Finance Corporation (IFC’s) investment in Bulleh Shah Paper Mills (BSPM) in Kasur, Pakistan. This facility is owned by Packages Limited, the leading integrated paper products manufacturer in Pakistan. Starting in 2005, packages began to relocate its paper manufacturing facilities from Lahore (which has limited capacity for expansion), to Kasur. This has allowed the company to increase paper and paperboard production at the new site, while continuing to operate a packaging production plant at Lahore. This study explores the potential climate risks to the company’s operational and engineering plant, to wheat straw input yields, to groundwater resources, and to the local community. In the absence of detailed information on the company’s sensitivity to climate variability (a site visit was not possible for this case study) this report also presents a general overview of the climate risks faced by the pulp and paper sector worldwide. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications.
Link to Data Set
Citation
“Stenek, Vladimir; Colley, Michelle; Connell, Richenda; Firth, John. 2011. Climate Risk Case Study: Bulleh Shah Paper Mills - Packages, Ltd., Kasur, Pakistan. © International Finance Corporation. http://hdl.handle.net/10986/25902 License: CC BY-NC-ND 3.0 IGO.”
Digital Object Identifier
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Climate Risk and Financial Institutions(International Finance Corporation, Washington, D.C., 2011)This report analyzes in some detail the risks to project finance and the performance of real-sector investments. Options, futures, derivatives, foreign exchange and more exotic instruments are not specifically addressed. The objectives of institutional investors, such as pension funds, include creation of sustained revenues over a long period of time. Clearly, given this long-term perspective, institutional investors need to be particularly aware of growing risks to their investments in climatically sensitive sectors or regions. This report demonstrates that climate change and its impacts are likely to alter a number of conditions that are material to the objectives of financial institutions. If changing conditions are not actively managed, investments and institutions may underperform. Most investments will be channeled through financial institutions. Given that the main effects of climate change are now well established, there is a considerable opportunity, as well as a responsibility, for these institutions to take a leading role in adaptation to climate change. Institutions managing investments in long-lived assets have both a direct financial risk to consider and the opportunity to create value by working proactively with their clients and other stakeholders to take steps to manage the risks. Going forward, International Finance Corporation (IFC) will initiate the development of more general tools addressing climate risks and investments.Publication Indus Basin of Pakistan : Impacts of Climate Risks on Water and Agriculture(Washington, DC: World Bank, 2013-05)This study, Indus basin of Pakistan: the impacts of climate risks on water and agriculture was undertaken at a pivotal time in the region. The weak summer monsoon in 2009 created drought conditions throughout the country. This followed an already tenuous situation for many rural households faced with high fuel and fertilizer costs and the impacts of rising global food prices. Then catastrophic monsoon flooding in 2010 affected over 20 million people, devastating their housing, infrastructure, and crops. Damages from this single flood event were estimated at US dollar 10 billion, half of which were losses in the agriculture sector. Notwithstanding the debate as to whether these observed extremes are evidence of climate change, an investigation is needed regarding the extent to which the country is resilient to these shocks. It is thus timely, if not critical, to focus on climate risks for water, agriculture, and food security in the Indus basin of Pakistan.Publication The Cost of Land Degradation in Ethiopia : A Review of Past Studies(Washington, DC, 2007-04)This paper reviews past studies on the costs of land degradation in Ethiopia, with a view to drawing implications for policies, programs, and future research on sustainable land management (SLM). Given the wide range of methods and assumptions used in the studies, their findings concerning annual costs of land degradation relative to agricultural gross domestic product (AGDP) are of remarkably similar magnitude. The minimum estimated annual costs of land degradation in Ethiopia range from 2 to 3 percent of AGDP. This estimate does not take into account downstream effects such as flooding, suggesting that actual total costs are possibly much higher than the 2-3 percent range. A onetime occurrence of a 2-3 percent reduction in AGDP might be manageable, but the cumulative losses to land degradation over time are very serious for an agriculturally based economy. Such cumulative losses represent a significant drag on rural growth and poverty reduction and jeopardize long-term, sustainable development.Publication Increasing Resilience to Climate Change in the Agricultural Sector in the Middle East : The Cases of Jordan and Lebanon(Washington, DC: World Bank, 2013-03-14)The increasing resilience to climate change in the agricultural sector report presents local-level priorities, informed by stakeholder input, to build agricultural resilience in both countries. The objectives of this study were threefold: (1) to improve the understanding of climate change projections and impacts on rural communities and livelihoods in selected regions of Jordan and Lebanon, specifically the Jordan River Valley and Lebanon's Bekaa Valley; (2) to engage local communities, farmers, local experts, and local and national government representatives in a participatory fashion in helping craft agricultural adaptation options to climate change; and (3) to develop local and regional climate change action plans that formulate recommendations for investment strategies and strategic interventions in local agricultural systems. The climate challenges confronting development in the Middle East are particularly stark. This region, and in particular its rural people, face what might be called a "triple threat" from climate change. First, the Middle East is already one of the driest and most water-scarce regions of the world (World Bank 2011a) and faces severe challenges posed by high temperatures and limited water supplies. This report to assist Jordan and Lebanon in understanding the specific challenges and opportunities posed by climate change in the agricultural sector.Publication Seaport Climate Change Impact Assessment Using a Multi-Level Methodology(Taylor and Francis, 2020-02)Climate-related extreme events such as Hurricane Katrina (2005) or Maria (2017); Superstorm Sandy (2012), extreme precipitation or heat waves have directly hit many ports around the world in recent years. Ports are becoming increasingly aware of the risks of climate change, partly because of these events. However, very few are taking adaptation into practice, often due to the lack of information and the high uncertainties associated with climate change. This paper presents a multi-level methodology for conducting climate change risk assessment in existing ports following a sequential path that starts with a quantitative analysis focused on multi-hazard and multi-impact evaluation with climate information based on indicators. If needed the first level will be combined with a qualitative analysis based on perceived risk of stakeholders in order to determine the necessity of carrying out a high-resolution analysis, increasing the quantity, quality and resolution of input data, climate information and impact modelling aiming at reducing uncertainties. Results provide port managers with essential information to identify hot spots and prioritize adaptation strategies.
Users also downloaded
Showing related downloaded files
Publication Digital Progress and Trends Report 2025: Strengthening AI Foundations(Washington, DC: World Bank, 2025-11-24)The recent rapid evolution of artificial intelligence (AI) has outpaced society’s ability to fully grasp its implications. Unlike technological shifts that have unfolded over decades, AI’s integration is accelerating at an unprecedented speed and scale. Along with AI’s immense opportunities come new responsibilities—especially for ethical deployment, accountability, and alignment with human values—that have few precedents in previous technology revolutions. This 2025 edition of the "Digital Progress and Trends Report (DPTR)" explores how low- and middle-income countries can harness AI to drive inclusive and sustainable development—and avoid being left behind. The report explains what makes AI different from earlier general-purpose technologies and why it matters for development. It introduces the 4Cs, the foundations essential for AI adoption, adaptation, and innovation: connectivity (infrastructure), compute (processing power), context (training data, algorithms, and applications), and competency (digital skills). Drawing on rich, novel data sets, this DPTR benchmarks countries across the 4Cs, analyzes supply and demand dynamics, and identifies market failures and externalities where policy action is urgently needed. This report emphasizes the need for global coordination and targeted interventions to close the widening AI gaps, where resource constraints threaten to exacerbate inequality. Policy insights will help governments unlock AI’s potential while navigating its risks.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 Future Jobs: Robots, Artificial Intelligence, and Digital Platforms in East Asia and Pacific(Washington, DC: World Bank, 2025-05-19)People in East Asia and Pacific (EAP) countries have prospered over the last few decades because of the growth in productive jobs. Do industrial robots, artificial intelligence (AI), and digital platforms threaten that development model? "Future Jobs" presents evidence that new technologies have thus far boosted employment. Increases in productivity and scale have outweighed the labor-displacing effects of automation technologies. However, the benefits have been uneven, favoring skilled workers while some less-skilled workers, in more routine and manual jobs, have been pushed into the informal sector. Digital platforms have generated new opportunities for the hitherto marginalized but also created insecurity for incumbent workers. Looking ahead, digitization will enhance the tradability of services, and AI will transform the production processes. EAP countries can benefit by equipping their workforce with the necessary skills and opening their long-protected services sectors to trade and investment. Policy makers, researchers, and businesses will find in this book both insights and questions on how best to harness the potential of new technologies to sustain prosperity in EAP countries.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 Commodity Markets Outlook, October 2025(Washington, DC: World Bank, 2025-10-29)Commodity prices are expected to decline by about 7 percent overall this year, reflecting subdued global economic activity, elevated trade tensions and policy uncertainty, ample global supply of oil, and weather-related supply shocks. In 2026, commodity prices are forecast to fall by a further 7 percent, a fourth consecutive year of decline, as global growth remains sluggish and the oil market oversupplied. Energy price movements are envisaged to continue contributing to global disinflation in 2026. Metals and minerals prices are expected to remain stable in 2026, while agricultural prices are projected to edge down, primarily due to strong supply conditions. Precious metals prices are expected to rise another 5 percent, after a historically large, investment-driven rally of about 40 percent in 2025. Risks to the commodity price projections are tilted to the downside. Key downside risks include weaker-than-expected global growth, a longer-than-assumed period of economic policy uncertainty, and additional oversupply of oil. Upside risks include intensifying geopolitical tensions, the market impact of additional oil sanctions, supply reductions stemming from additional trade restrictions, unfavorable weather conditions, faster-than-expected rollout of new data centers. Commodity price volatility in recent years has revived interest in supply management via international commodity agreements. Historical experience, however, shows that the most effective policy is to promote diversification, innovation, transparency, and market-based pricing—measures that build lasting resilience to commodity price volatility.