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

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ContentsGLOSSARY .......................................................................................................................................... VIIPREFACE .............................................................................................................................................. XIACKNOWLEDGMENTS ...................................................................................................................... XIIISTATEMENT OF THE EXTERNAL ADVISORY PANEL .................................................................... XVOVERVIEW ......................................................................................................................................... XIXMANAGEMENT RESPONSE ........................................................................................................... XXIXCHAIRPERSON’S SUMMARY: COMMITTEE ON DEVELOPMENTEFFECTIVENESS (CODE) ............................................................................................................. XXXIX1. CONTEXT AND APPROACH ............................................................................................................. 1Two Impacts of <strong>Climate</strong> <strong>Change</strong> ............................................................................................................................... 1Adaptation <strong>to</strong> <strong>Climate</strong> Variability and <strong>Climate</strong> <strong>Change</strong> ............................................................................................. 4<strong>Climate</strong> <strong>Change</strong> Makes Development More Costly and Complex ............................................................................ 5Evaluation Questions ................................................................................................................................................ 6Scope and Structure of Evaluation ............................................................................................................................ 7Evaluation Approach .............................................................................................................................................................. 8Portfolio Analysis ................................................................................................................................................................... 92. CLIMATE ADAPTATION AT THE WORLD BANK GROUP ............................................................ 11Strategic Attention <strong>to</strong> <strong>Climate</strong> Adaptation at <strong>the</strong> <strong>World</strong> <strong>Bank</strong> <strong>Group</strong> ....................................................................... 11Moni<strong>to</strong>ring Adaptation Efforts and Results .............................................................................................................. 13Tracking Projects with <strong>Climate</strong> Adaptation Benefits: Nei<strong>the</strong>r an Input, Nor an Output, Indica<strong>to</strong>r ........................................ 14Toward an Improved Results Framework .............................................................................................................................. 16<strong>Climate</strong> Risk Identification for Projects ...................................................................................................................... 18<strong>Climate</strong> Risk Identification at <strong>the</strong> <strong>World</strong> <strong>Bank</strong> ......................................................................................................................... 18<strong>Climate</strong> Risk Identification and Screening at IFC ................................................................................................................ 19IFC’s Approach <strong>to</strong> <strong>Climate</strong> Risk Management in Current Practice ...................................................................................... 19Country-Level <strong>Climate</strong> Adaptation .......................................................................................................................... 20Country Assistance and Partnership Strategies .................................................................................................................. 20Development Policy Operations .......................................................................................................................................... 22Pilot Program for <strong>Climate</strong> Resilience ................................................................................................................................... 22Case Studies: Supporting Adaptation at <strong>the</strong> National and Regional Level ............................................................. 23Caribbean Adaptation Projects ............................................................................................................................................ 23Colombia .............................................................................................................................................................................. 25Kiribati .................................................................................................................................................................................. 27i

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