OECD presentation "Strengthening climate and environmental considerations in infrastructure and budget appraisal tools"
by Margaux Lelong and Ana Maria Ruiz during the 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris.
Green budgeting - Andrew Blazey, OECD Secretariat,OECD Governance
This presentation was made by Andrew Blazey, OECD Secretariat, at the 14th OECD-Asian Senior Budget Officials Meeting held in Bangkok, Thailand, on 13-14 December 2018
Environmental impact assessment (EIA)
In India any person who desires to undertake any new project or the expansion or modernization of any existing industry or project should submit a Rapid Environmental Impact Assessment report along with application to the secretary, Ministry of Environment and Forests (MoEF), New Delhi. Basic types of EIA being practiced are given below.
Rapid Environmental Impact Assessment (REIA)
Comprehensive Environmental Impact Assessment (CEIA)
Strategic Environmental Impact Assessment (SEIA)
Sectoral Environment Impact Assessment
Regional Environmental Impact Assessment
Environmental Impact Assessment Notification in India
EIA is of comparatively recent origin in India and has become an integral part of Environmental Management by EIA notification of 1994 and its subsequent amendments by Ministry of Environment & Forests (MoEF), Govt. of India. The notification specifies 30 categories of projects with potential risks to degrade the Environment.
Purposes of EIA
EIA is a process with several important purposes, which can be categorized as follows:
To facilitate decision-making For the decision-maker, for example the local authority, it provides a systematic examination of the environmental implications of a proposed action, and sometimes alternatives, before a decision is taken
To aid in the formation of development EIA can be of great benefit to them, since it can provide a framework for considering location and design issues and environmental issues in parallel. It can be an aid to the formulation of developmental actions, indicating areas where the project can be modified to minimize or eliminate altogether the adverse impacts on the environment.
To be an instrument for sustainable development The key characteristics of sustainable development include maintaining the overall quality of life, maintaining continuing access to natural resources and avoiding lasting environmental damage.
Principle of EIA
The Benefits of Environmental Assessment
Categorization of projects and activities
Environmental Clearance (EC)
Green budgeting - Andrew Blazey, OECD Secretariat,OECD Governance
This presentation was made by Andrew Blazey, OECD Secretariat, at the 14th OECD-Asian Senior Budget Officials Meeting held in Bangkok, Thailand, on 13-14 December 2018
Environmental impact assessment (EIA)
In India any person who desires to undertake any new project or the expansion or modernization of any existing industry or project should submit a Rapid Environmental Impact Assessment report along with application to the secretary, Ministry of Environment and Forests (MoEF), New Delhi. Basic types of EIA being practiced are given below.
Rapid Environmental Impact Assessment (REIA)
Comprehensive Environmental Impact Assessment (CEIA)
Strategic Environmental Impact Assessment (SEIA)
Sectoral Environment Impact Assessment
Regional Environmental Impact Assessment
Environmental Impact Assessment Notification in India
EIA is of comparatively recent origin in India and has become an integral part of Environmental Management by EIA notification of 1994 and its subsequent amendments by Ministry of Environment & Forests (MoEF), Govt. of India. The notification specifies 30 categories of projects with potential risks to degrade the Environment.
Purposes of EIA
EIA is a process with several important purposes, which can be categorized as follows:
To facilitate decision-making For the decision-maker, for example the local authority, it provides a systematic examination of the environmental implications of a proposed action, and sometimes alternatives, before a decision is taken
To aid in the formation of development EIA can be of great benefit to them, since it can provide a framework for considering location and design issues and environmental issues in parallel. It can be an aid to the formulation of developmental actions, indicating areas where the project can be modified to minimize or eliminate altogether the adverse impacts on the environment.
To be an instrument for sustainable development The key characteristics of sustainable development include maintaining the overall quality of life, maintaining continuing access to natural resources and avoiding lasting environmental damage.
Principle of EIA
The Benefits of Environmental Assessment
Categorization of projects and activities
Environmental Clearance (EC)
RPN 2022 Manila: Session 3.6 Ken Cleary Dep Public Reform and Expenditure Ire...OECD Environment
This presentation was delivered during the 6th Meeting of the OECD Southeast Asia Regional Programme’s Regional Policy Network on Sustainable Infrastructure, which took place on 25-26 April 2022 in Manila, the Philippines. The OECD’s Public Governance Directorate and Environment Directorate teamed up with the OECD Korea Policy Centre to organise the event. The National Economic and Development Authority (NEDA) of the Philippines co-chaired the event alongside the United States, and the Public Private Partnership Centre of the Philippines graciously provided the venue. For more details about the meeting, including the agenda and a short summary record, please visit: https://www.oecd.org/site/sipa/events/sipa-searp-philippines-2022.htm.
Overview and Information on the PCGB - Ronnie Downes, OECDOECD Governance
This presentation was made by Ronnie Downes, OECD, at the Paris Collaborative on Green Budgeting - Introductory Workshop on Green Budgeting Tools held at the OECD, Paris, on 22 May 2018
OECD Green Talks LIVE: Moving the world economy to net zero: the role of tran...OECD Environment
To meet the temperature goals of the Paris Agreement, decarbonisation measures will need to be financed across all sectors of the economy — most importantly in energy-intensive and hard-to-abate sectors in emerging markets and developing economies. As governments and the private sector ramp up their net-zero pledges, grapple with the ongoing energy crisis and face rising inflation, how to achieve those goals is increasingly put into question.
In the midst of these challenges, market actors and jurisdictions have ramped up efforts around transition finance, such as developing taxonomies and guidelines. But transition finance is often criticised for opening the door to greenwashing and risking emission-intensive lock-in. How can we ensure the development of robust corporate transition plans to support credible and meaningful transition investments towards net zero? And how can emission-intensive lock-in and greenwashing be avoided?
Experts on transition finance and transition planning will present and discuss their importance for moving to net-zero pathways in hard-to-abate sectors and emerging markets and developing economies, as well as outstanding challenges in this space. The presentation will draw from the recent report OECD Guidance on Transition Finance: Ensuring Credibility of Corporate Climate Transition Plans (Find the report here: https://oe.cd/transition-fin), which proposes 10 key elements to help corporates in developing transition plans, financiers to identify credible investment opportunities, and policymakers to develop strong policy frameworks.
More information: https://www.oecd.org/env/green-talks-live.htm
TiiQu Talks on A Sustainable Tomorrow
ESG Sustainability Imperative
Climate Change Effects; Carbon Emission Sources; Decarbonization Solutions
ESG Knowledge Map
ESG Strategic Planning and Program Management
Carbon Net-Zero Management (TCFD)
ESG Reporting Frameworks & Guidelines
ESG Reporting Trends in 2021
Digital Technology for ESG Sustainability Innovation
ESG Sustainability Assessment Ecosystem
Sustainability Performance Assessment for S&P 500 High-Tech Industry
ESG Sustainability Management/Assessment Issues & Challenges & Solutions
SDG-SASB-GRI-WEF ESG Metrics Mapping
Digital Solutions for ESG Sustainability Investing/Management
ESG + Digital Integrated Transformation (ESGDX) Imperative
ESGDX Benefits and Requirements: Business Models
How ESGDX Can Create New Revenue Streams?
ESGDX Benefits and Requirements: Business Operations
Metaverse Enterprise
Digital Twins for Dynamic Carbon Net-Zero Management
Digital Twins Use Case: A Pulp/Paper Company in S. Korea
Metaverse for Sustainable Smart City
Present and Future of Metaverse Infographics
Building Research Establishment Environmental Assessment Method Communities, United Kingdom; Certified by Building Research Establishment (BRE). case study taken as Masthusen, Malmö, Sweden
Summary of the OECD expert meeting: Construction Risk Management in Infrastru...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
More Related Content
Similar to Session-7-OECD-Strengthening-climate.pptx
RPN 2022 Manila: Session 3.6 Ken Cleary Dep Public Reform and Expenditure Ire...OECD Environment
This presentation was delivered during the 6th Meeting of the OECD Southeast Asia Regional Programme’s Regional Policy Network on Sustainable Infrastructure, which took place on 25-26 April 2022 in Manila, the Philippines. The OECD’s Public Governance Directorate and Environment Directorate teamed up with the OECD Korea Policy Centre to organise the event. The National Economic and Development Authority (NEDA) of the Philippines co-chaired the event alongside the United States, and the Public Private Partnership Centre of the Philippines graciously provided the venue. For more details about the meeting, including the agenda and a short summary record, please visit: https://www.oecd.org/site/sipa/events/sipa-searp-philippines-2022.htm.
Overview and Information on the PCGB - Ronnie Downes, OECDOECD Governance
This presentation was made by Ronnie Downes, OECD, at the Paris Collaborative on Green Budgeting - Introductory Workshop on Green Budgeting Tools held at the OECD, Paris, on 22 May 2018
OECD Green Talks LIVE: Moving the world economy to net zero: the role of tran...OECD Environment
To meet the temperature goals of the Paris Agreement, decarbonisation measures will need to be financed across all sectors of the economy — most importantly in energy-intensive and hard-to-abate sectors in emerging markets and developing economies. As governments and the private sector ramp up their net-zero pledges, grapple with the ongoing energy crisis and face rising inflation, how to achieve those goals is increasingly put into question.
In the midst of these challenges, market actors and jurisdictions have ramped up efforts around transition finance, such as developing taxonomies and guidelines. But transition finance is often criticised for opening the door to greenwashing and risking emission-intensive lock-in. How can we ensure the development of robust corporate transition plans to support credible and meaningful transition investments towards net zero? And how can emission-intensive lock-in and greenwashing be avoided?
Experts on transition finance and transition planning will present and discuss their importance for moving to net-zero pathways in hard-to-abate sectors and emerging markets and developing economies, as well as outstanding challenges in this space. The presentation will draw from the recent report OECD Guidance on Transition Finance: Ensuring Credibility of Corporate Climate Transition Plans (Find the report here: https://oe.cd/transition-fin), which proposes 10 key elements to help corporates in developing transition plans, financiers to identify credible investment opportunities, and policymakers to develop strong policy frameworks.
More information: https://www.oecd.org/env/green-talks-live.htm
TiiQu Talks on A Sustainable Tomorrow
ESG Sustainability Imperative
Climate Change Effects; Carbon Emission Sources; Decarbonization Solutions
ESG Knowledge Map
ESG Strategic Planning and Program Management
Carbon Net-Zero Management (TCFD)
ESG Reporting Frameworks & Guidelines
ESG Reporting Trends in 2021
Digital Technology for ESG Sustainability Innovation
ESG Sustainability Assessment Ecosystem
Sustainability Performance Assessment for S&P 500 High-Tech Industry
ESG Sustainability Management/Assessment Issues & Challenges & Solutions
SDG-SASB-GRI-WEF ESG Metrics Mapping
Digital Solutions for ESG Sustainability Investing/Management
ESG + Digital Integrated Transformation (ESGDX) Imperative
ESGDX Benefits and Requirements: Business Models
How ESGDX Can Create New Revenue Streams?
ESGDX Benefits and Requirements: Business Operations
Metaverse Enterprise
Digital Twins for Dynamic Carbon Net-Zero Management
Digital Twins Use Case: A Pulp/Paper Company in S. Korea
Metaverse for Sustainable Smart City
Present and Future of Metaverse Infographics
Building Research Establishment Environmental Assessment Method Communities, United Kingdom; Certified by Building Research Establishment (BRE). case study taken as Masthusen, Malmö, Sweden
Summary of the OECD expert meeting: Construction Risk Management in Infrastru...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Using AI led assurance to deliver projects on time and on budget - D. Amratia...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI in Sweden - A. Kadefors, KTH Royal Institute of Technology, Stockholm (SE)OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Building Client Capability to Deliver Megaprojects - J. Denicol, professor at...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Procurement strategy in major infrastructure: The AS-IS and STEPS - D. Makovš...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Procurement of major infrastructure projects 2017-22 - B. Hasselgren, Senior ...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI Dutch Experience - A. Chao, Partner, Bird&Bird & J. de Koning, Head of Co...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI in Sweden - A. Kadefors, KTH Royal Institute of Technology, StockholmOECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
EPEC's perception of market developments - E. Farquharson, Principal Adviser,...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Geographical scope of the lines in Design and Build - B.Dupuis, Executive Dir...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Executive Agency of the Dutch Ministry of Infrastructure and Water Management...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Presentation of OECD Government at a Glance 2023OECD Governance
Paris, 30 June, 2023
Presentation by Elsa Pilichowski, Director for Public Governance, OECD.
The 2023 edition of Government at a Glance provides a comprehensive overview of public governance and public administration practices in OECD Member and partner countries. It includes indicators on trust in public institutions and satisfaction with public services, as well as evidence on good governance practices in areas such as the policy cycle, budgeting, procurement, infrastructure planning and delivery, regulatory governance, digital government and open government data. Finally, it provides information on what resources public institutions use and how they are managed, including public finances, public employment, and human resources management. Government at a Glance allows for cross-country comparisons and helps identify trends, best practices, and areas for improvement in the public sector.
See: https://www.oecd.org/publication/government-at-a-glance/2023/
The Protection and Promotion of Civic Space: Strengthening Alignment with Int...OECD Governance
Infographics from the OECD report "The Protection and Promotion of Civic Space Strengthening Alignment with International Standards and Guidance".
See: https://www.oecd.org/gov/the-protection-and-promotion-of-civic-space-d234e975-en.htm
OECD Publication "Building Financial Resilience
to Climate Impacts. A Framework for Governments to manage the risks of Losses and Damages.
Governments are facing significant climate-related risks from the expected increase in frequency and intensity of cyclones, floods, fires, and other climate-related extreme events. The report Building Financial Resilience to Climate Impacts: A Framework for Governments to Manage the Risks of Losses and Damages provides a strategic framework to help governments, particularly those in emerging market and developing economies, strengthen their capacity to manage the financial implications of climate-related risks. Published in December 2022.
OECD presentation "Building Financial Resilience to Climate Impacts. A Framework to Manage the Risks of Losses and Damages" by Andrew Blazey, Stéphane Jacobzone and Titouan Chassagne. Presented during the 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris
OECD Presentation "Financial reporting, sustainability information and assurance" by Peter Welch during the 5th Session during the 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris
Presentation "Developments in sovereign green bond markets" by Ms. Fatos Koc during the 4th Session of 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris.
Presentation "Integrating Green in the Budget Cycle: A primer" by Margaux Lelong during the 3rd session of the 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris
Canadian Immigration Tracker March 2024 - Key SlidesAndrew Griffith
Highlights
Permanent Residents decrease along with percentage of TR2PR decline to 52 percent of all Permanent Residents.
March asylum claim data not issued as of May 27 (unusually late). Irregular arrivals remain very small.
Study permit applications experiencing sharp decrease as a result of announced caps over 50 percent compared to February.
Citizenship numbers remain stable.
Slide 3 has the overall numbers and change.
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
ZGB - The Role of Generative AI in Government transformation.pdfSaeed Al Dhaheri
This keynote was presented during the the 7th edition of the UAE Hackathon 2024. It highlights the role of AI and Generative AI in addressing government transformation to achieve zero government bureaucracy
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
1. OECD Paris Collaborative on Green Budgeting
18 April 2023
Strengthening climate and environmental considerations
in infrastructure and budget appraisal tools
Margaux Lelong, Public Management and Budgeting Division
Ana Maria Ruiz, Infrastructure and Public Procurement Division
2. Overview on budget appraisal
2
• The use of budget appraisal tools to include climate and
environmental considerations increase in OECD countries
• Budgetary tools are being adapted to include additional features
•Help identifying the
most cost-effective
measures for
mitigating the impacts
of climate change
Help assessing the
true costs and
benefits of projects,
programs and
policies
Help integrating
green tools with
existing decision-
making processes to
ensure that green
measures are
economically viable
and socially equitable
Help developing new
indicators to measure
progress and
effectiveness of
green policies and
programs
3. How to strengthen climate and environmental considerations budget appraisal tools
3
•Incorporate climate and environmental considerations to evaluate capital expenditure in the budget
•Integrate life-cycle considerations into appraisals to assess the total environmental impact
•Ensure that the appraisal process considers the changing nature of the climate
Establish clear criteria and targets for climate-related investments
Guarantee that climate and environmental considerations are incorporated into the risk assessment
Integrate climate and environmental considerations into the long-term planning of the budget
Establish clear reporting requirements
Ensure that the appraisal process is transparent and open to public input and scrutiny
4. Development of methods and tools
4
• Cost-benefit analysis
• Carbon footprint modelling
• Life Cycle Analysis
• Carbon Offsetting
• Carbon pricing
• Impact assessment
5. A focus on Cost-benefit Analysis
5
•Consider the costs associated with climate change and environmental degradation
•Reflect potential environmental benefits
•Include the cost of any additional environmental protection measures that would be required
Calculate the net present value of benefits considering the costs of climate change
Compare the net present value of the benefits with the estimated costs
Factor in the cost of any potential unforeseen consequences budget measures
Analyse the project over its lifetime
Consider the costs of inaction
6. 6
Governance for green, resilient, and clean infrastructure
6
Measuring and collecting good
practices to enable green, resilient,
and clean infrastructure in OECD
countries
7. 7
7
Enabling green, resilient, and clean infrastructure
Note: The score for Belgium (Flanders) is not included in the OECD average.
8. 8
More can be done to integrate environmental and climate considerations into the project selection and prioritisation
10. OECD good practices
Impact Assessment Act
“one project, one assessment”
Scoring Mechanism for
Sustainable Infrastructure
(SIMS)
Green Budgeting & New
Methodological Approach to quantify
emissions impact
Biodiversity Points Method in CBA
Green Book’ supplementary guidance
11. 1. Long-term strategic planning in Ireland
2. Public investments appraisal in Ireland
3. Budgeting practices in Ireland
4. International/OECD best practices to integrate environmental
and climate considerations in budgeting and project
appraisal
5. Methodological approach to assess the environmental
impacts of infrastructure projects [carbon mitigation]
6. Methodological approach to evaluate climate uncertainty and
risks of infrastructure projects [climate adaptation]
7. Integration of the proposed approach in the appraisal of
public investments in Ireland
The case of Ireland: Main outputs
Detailed overview of the Irish framework for
planning, appraisal and budgeting of
infrastructure projects to identify the main
challenges and opportunities for integrating
environmental and climate considerations
Proposed methdological approach to
integrate climate chage mitigation and
adaptation in infrastructure planning and
appraisal in Ireland
12. The Irish framework
Long-term Strategic Planning
• Project Ireland 2040
• National Planning Framework (NPF)
• Focus Box on Transport Sector (i.e.,
NIFTI)
• National Development Plan (NDP) 2021-
2030
• Environmental assessments in the
preparation of the NPF (i.e., SEA, AA,
SFRA);
• Environmental qualitative self-
assessment under the NDP review
Public Investment Appraisal
• Public Spending code (PSC)
• Focus Box on the Transport Sector
(i.e., CAF)
Environmental and climate
considerations
• The 2019 reforms to the PSC;
• Economic appraisal (i.e., CBA, MCA);
• Assesment of environmental impact in
the planning/permit process (i.e., EIA,
AA)
Public Budgeting
• Irish Budget cycle
• Ongoing reforms to the budgetary
framework
Environmental and climate
considerations
• Green Budget Tagging;
• Carbon Budget developments
14. Methodology to assess the environmental impact of infrastructure (mitigation)
• Phase 1: Construction
• The methodology has two options for assessing the impact of the construction
phase:
• Option A: Direct estimation of emissions (scope 1-3)
• Option B: Environmental I-O model
• Phase 2: Operation
• During the operation phase, the analyst has to estimate the carbon emissions of two
different items:
• Operating expenditure (OPEX) as in Phase 1 (Scope 1, 2, 3)
• Externalities generated by demand sector-specific parameters
Evaluation of the carbon footprint in two phases:
15. The carbon footprint of the construction phase
Emissions of the building site
Scope 1 Direct emissions generated by the building site
Scope 2 Indirect emissions generated by the production of the energy used
Scope 3 Indirect emissions generated by suppliers of the site
16. General evaluation of climate mitigation phase
- Extension of the standard Cost-Benefit Analysis to include (direct and
indirect) externalities from the construction phase:
• 𝑁𝑃𝑉 = 𝑡=0
𝑁 𝐵𝑡−𝐶𝑡
(1+𝑟)𝑡
- Assessment of mitigation policies in terms of “sensitivity analysis”, that is
altering the costs (e.g. for installing solar panels), observing the benefits
and the relative change in NPV (social welfare change)
17. Methodology to assess the environmental impact of infrastructure (adaptation)
Step 1: Vulnerability analysis
• The sensitivity of the project (in terms of on-site assets, inputs, outputs, access and
transport links) to specific climate hazards;
• The exposure of the investment project to such events.
Step 2: Impact analysis and adaptation strategies.
• Assessment of the likelihood of an even to occur;
• Assessment of the impact of the extreme event in terms of asset damages, safety and
health, environment, cultural heritage, social, financial, reputation.
Step 3: Adaptation strategies
• For projects ranked from “medium” to “extreme” impact, strategies and measures for
adaptation should be identified.
Evaluation of climate adaptation in three phases
The aim of the vulnerability analysis is to identify the most relevant climate and environmental hazards in terms of potential impacts on the investment.
The analyst is required to assess:
The sensitivity of the project (in terms of on-site assets, inputs, outputs, access and transport links) to specific climate hazards;
The exposure of the investment project to such events