Abstract

Public and private entities have begun to develop plans to increase climate resilience. However, these plans are only useful if they are successfully implemented. Project financing has proven to be a major barrier. Understanding existing resilient infrastructure project finance tools, how to uncover hidden funds, and emerging tools that help to build a business case for investments will be essential. Resilient infrastructure finance depends on practitioners understanding the flows of funds in and out of the financial markets, the types of traditional and innovative financial mechanisms, enablers of resilient infrastructure finance, and trends in the finance industry related to physical climate risks. Although there are many barriers to financing resilient infrastructure projects, solutions are continuing to emerge to ease the process in securing funding for these projects. As funds are being spent today on infrastructure that will serve communities for decades, there is no time to waste on ensuring that all infrastructure investments become investments in resilient infrastructure.

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