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Adapting to Climate Change: Assessing the World Bank Group ...

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STATEMENT OF THE EXTERNAL ADVISORY PANELNo development institution can ignore <strong>the</strong> risks posed by climate change. The <strong>Bank</strong>is well aware of this reality. As <strong>the</strong> IEG report demonstrates, <strong>the</strong> <strong>Bank</strong> has a goodtrack record as an implementer of adaptation projects. It has also made progress inintegrating climate vulnerability in<strong>to</strong> country assistance strategies. However, <strong>the</strong>report is right when it talks about “unresolved challenges” in incorporating climaterisks in<strong>to</strong> project design and appraisal. Much more remains <strong>to</strong> be done in particular<strong>to</strong> ensure <strong>the</strong>re is sufficient capacity and support <strong>to</strong> populate and sustain institutionsand appropriate technologies for long-term adaptation planning andimplementation. The adaptation challenge has only just started.Prof. Samuel FankhauserCo-Direc<strong>to</strong>r, Grantham Research Institute on <strong>Climate</strong> <strong>Change</strong>, London School of EconomicsDr. Saleemul HuqSenior Fellow, International Institute on Environment and Development, LondonProf. David LobellProfessor in Environmental Earth System Science, Stanford University, Stanford, Calif.Prof. Coleen VogelIndependent Researcher, South Africaxviii

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