WBI Course on the Economics of Climate-Resilient Development

23 January 2013. The shift to a low-carbon climate-resilient economy is crucial to address climate change without compromising growth. In order to promote the development of economically viable climate-resilient plans, the World Bank Institute (WBI) offers an e-learning course titled Economics of Climate-Resilient Development from 04 February to 05 March 2013.

The course starts with a review of the scientific consensus on changes in climate patterns and projections to the future, and explains the rationale for countries to develop climate-resilient plans that will help them to move away from a business-as-usual development path. The course continues with a description of a How-to Framework for Climate-Resilient Development Plans, which consists of an introductory guide to:

  • Frame the adaptation problem and make it a challenge that can be realistically addressed;
  • Identify relevant climate risks and impacts;
  • Identify the range of adaptation options available;
  • Estimate what it will cost to adapt to climate change;
  • Prioritize adaptation measures.

The course ends with a practical application of the How-to Framework, where participants have the opportunity to put into practice their learning on how-to develop climate resilient plans, and how to factor-in the costs of adaptation. The practical application is based upon a policy scenario in the agricultural sector, where students need to make decisions for managing the country’s risk to the potential threats of climate change.

Throughout the course, interactive exercises help the users to test their understanding at key points. Case studies, reference materials and other helpful resources are highlighted so as to strengthen the learning experience.

The primary target audience are policymakers in developing countries who have been tasked with developing climate-resilient plans (at the national or regional level) or have been asked to provide estimates of how much it will cost their country to adapt to climate change. The course is also of interest to World Bank staff who are being requested by client countries to assist them in these tasks.

For further information please contact Pablo Benitez or Amanda Jerneck (wbicc@worldbank.org) or visit: http://einstitute.worldbank.org/ei/course/economics-climate-resilient-development