Economic sector resilience Inclusive Economic Development ...

Economic sector resilienceInclusive Economic Development through

Resilience: Opportunities for Doing More and

Doing Differently

Realize “triple dividend”

Positive economic returns and generates new benefits

Increases attractiveness of private investments

Provides new business prospects for the private sector

Opportunities with Climate ResilienceShift the narrative from risk to opportunities

Economic sector resilienceInclusive Economic Development through Resilience: Opportunities for Doing More and Doing Differently

Moving away from business-as-usual development

Treating climate risk and opportunities as a starting point

Reimagining our understanding of economic development

Addressing systemic barriers

Harnessing the OpportunitiesDoing things more and doing things differently


1. Long-term planning and fiscal management

2. Resilience systems in economic sectors

3. Resilient infrastructure systems

4. Financial systems and products for resilience

Scaling up Resilience for Economic DevelopmentUnpacking the opportunities at 7 APAN Forum through

4 inter-related topics


Issues and Approaches

Deepen understanding of climate risk and fiscal sustainability

Factor long-term climate risk in planning

Design and implement climate sensitive fiscal measures

Strengthen capacity for decision making-under uncertainty

Opportunities

Call for action by Global Commission on Adaptation

Coalition for Finance Ministers for Climate Action

Suggestion for APAN Forum

Dedicated session with ministries of planning and finance

1. Planning and Fiscal Management



Climate resilient pathways

Cross-sectoral interventions to strengthen agriculture and food

systems

Suite of public and private resilience actions in tourism

Strengthen the missing middle with focus on SME resilience

Vocational training to influence labor market for resilient jobs

Opportunities

Update of NDCs and National Adaptation Plans

COVID-19 recovery plans

Suggestions for APAN Forum

Dedicated discussions on resilient tourism

Dedicated session on role of vocational training

2. Economic Sectors


3. Resilient Infrastructure Systems



Shift from resilience of infrastructure assets to resilience of systems

Solutions that promote behavioral change through demand

management

Prioritize infrastructure critical for economic performance

Spotlight on resilient urban systems that recognizes informal sector

Opportunities

G20 Quality Infrastructure Principles

Coalition for Disaster Resilient Infrastructure

COVID-19 recovery plans


Dedicated session on infrastructure critical for economy (e.g. port)

Dedicated session on role of urban-food system

4. Financial Systems and Products



Innovative financial products for resilience

Imperative for making financial systems resilient

Scaling up of disaster risk financing

Opportunities

Task Force on Climate Related Financial Disclosure

Coalition for Climate Resilient Investment


Dedicated session on innovative financial products

Dedicated session with financial institutions in managing physical

climate risk

Economic sector resilience Inclusive Economic Development ...

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