Breakout 6B - Towards disaster-resilient infrastructure in Latin America: financing and governance
Apr 10, 2024 | 12:30 PM - 1:30 PM
Apr 10, 2024 | 12:30 PM - 1:30 PM
Description
Auditorium
The LAC region is highly vulnerable to climate change and is one of the top disaster-prone regions in the world, with the average number of extreme climate-related weather events increasing by 62% in the region during 2001-2022, compared to 1980-2000. These disasters resulted in USD 115.2 billion in economic losses.
The OECD-LAC Action Plan towards Climate Resilience and Neutrality proposes an integrated approach, oriented towards building more climate-resilient infrastructure. Infrastructure investment needs in the LAC region by 2030 have been estimated at 3.12% of GDP, compared to average investment of 1.8% 2008-2019.
This session will discuss how improving the governance of infrastructure projects in the LAC region can better align infrastructure planning, development, and investments with short- and long-term low emission, climate-resilient and inclusive development strategies.
