Climate Change Mitigation and Financing for Project Managers

This course is aimed at helping project managers understand the steps they can take to make investment projects resilient to climate variability and change. The training provides information on efforts to integrate climate resilience within a project lifecycle and appraisal.

Content

Background to climate change

• Consequences of climate change for physical assets and infrastructure
• Adapting asset and infrastructure systems and their components
• Decision-making under uncertainty
• Integrating climate resilience into the conventional asset lifecycle
• Roles and responsibilities of the project team
• Strategy’ stage
• Plan’ and ‘Design’ stages
• Procure / Build’ stage
• Operate’ and ‘Decommission’ stages

Climate resilience process for project managers

• Identify the climate sensitivities of the project
• Evaluate exposure to climate hazards
• Assess vulnerability
• Identify adaptation options
• Appraise adaptation options
• Integrate an adaptation action plan into the project development cycle

Project finance transaction

• Define the pricing
• Understanding finance and the various financial statements
• Account Information for Management
• Financial reporting
• Budgeting and financial analysis for short-term decisions
• Cash-flow analysis and group accounting
• Shareholder value analysis
• Identifying appropriate sources of finance
• Understanding the requirement for finance
• Performance measurement

Project Risk Management

• Identify and evaluate risks
• Assess risks
• Structure the deal and associated collaterals/guarantees
• Evaluate impacts

Learning Objectives:

• help manage the additional risks from climate change.
• complement and integrate within the familiar project appraisal processes used in project development, but
• understand the existing project development processes.
• consider how a project is vulnerable to climate variability and change,
• assess current and future climate risks to the project’s success,
• identify and appraise relevant and cost-effective adaptation options to build climate resilience, and integrate adaptation measures (resilience measures) into the project lifecycle.