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ADB to Help Poor in 25 Cities Prepare for Climate Change
Source: http://www.nationmultimedia.com
Source Date: Saturday, November 30, 2013
Country: China
Created: Dec 03, 2013

The Asian Development Bank (ADB), the British government and the Rockefeller Foundation are teaming up to help Asia's fast-growing secondary cities protect their urban poor from the ravages of climate change.

 

"The region's cities are going through an unprecedented population boom and their poorest citizens are in the front line of an increase in extreme floods, sea-level rises and other climate-change-linked events," said Gil-Hong Kim, director of the sustainable infrastructure division in the Department of Regional and Sustainable Development at the ADB.

 

"This innovative partnership brings together a private foundation, a bilateral organisation, and the ADB - a multilateral development bank - to leverage and scale up solutions to protect some of the world's most vulnerable urban communities."

 

The three partners have agreed to roll out an innovative programme - Managing Climate Risks for the Urban Poor - to help 25 secondary cities in the region counter the impacts of climate change, with a focus on the disadvantaged. The first six countries selected for inclusion in the programme are Bangladesh, India, Indonesia, Pakistan, the Philippines and Vietnam - all with large urban-poor populations.

 

Financing will come from a new Urban Climate Change Resilience Trust Fund, administered by the ADB. A memorandum of understanding has been signed with the British Department for International Development under which it will provide initial grant finance for the fund of US$130 million (Bt4.1 billion), with the Rockefeller Foundation supplying $5 million.

 

About 55 per cent of Asia's population of more than 3.7 billion is expected to be living in urban centres by 2030, and secondary cities - which are seeing some of the fastest population rises - are among the least prepared for tackling new climate challenges. Low-income groups, who often live in informal settlements with few services and in hazard prone areas on riverbanks or along exposed coastlines, are the most at risk.

 

The programme takes a new tack on urban climate-proofing, adopting a more comprehensive approach than the piecemeal, opportunistic measures of the past. It will support linked activities, including assistance for incorporating climate change and disaster risk and resilience thinking into city plans.

 

It will also provide technical assistance for preparing climate-resilient infrastructure projects that benefit the poor, and it will fund knowledge gathering and research to exchange lessons learned and best practices on urban climate change.

 

Poor and vulnerable groups will be involved in the planning and investment decisions, along with other public and private stakeholders, and the infrastructure projects will be designed to attract additional public and private financing, and to have good potential for replication and scalability.

 

The programme will also consider "soft investments" in areas such as early-warning systems, regulatory reforms, and other measures needed to tackle risks faced by poor and vulnerable communities.

 

The programme's goals include the roll-out of about 25 infrastructure projects and other resilience measures to protect about a million poor and another million vulnerable people in the target cities by 2018. It also aims to leverage.

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