• 24 Oct
• 2023

[CELGS 24/10/2023] - The Triple Dividend of Building Climate Resilience: Lessons from Cases

Dear Lecturers, Researchers and Students,

The College of Economics, Law and Government would like to respectfully invite lecturers/ researchers to come and share your experiences at the CELG seminar:

Topic: The Triple Dividend of Building Climate Resilience: Lessons from Cases

Presenter: Assoc.Prof. Harald Heubaum, Deputy Director and Co-Founder, Center for Sustainable Finance - SOAS University of London

Time: 10:30 AM (Vietnam), Tuesday, October 24, 2023

Location: Room B1-1001, 279 Nguyen Tri Phuong St, Ward 5, Dist 10, HCMC

The level of financing for and investment in climate change adaptation is currently insufficient to enable developing countries to effectively respond to climate-induced risks. This paper reviews the literature relating to the benefits of investments in climate change adaptation. It presents the current state of research and highlights recent attempts to quantify benefits across the triple dividends – benefits associated with avoided losses, development benefits, and non-market social and environmental benefits. Based on new empirical analysis, it finds that the second and third dividends are highly significant and especially important since they accrue regardless of whether the actual climate risk materializes. This finding will help governments increase access to adaptation finance, improve project design, and improve project monitoring and evaluation. The paper serves as a guide to researchers, policymakers, and investors analyzing the costs and benefits associated with interventions needed to better adapt to climate change around the world.

About presenter:

He is Senior Lecturer (Associate Professor) in Global Energy and Climate Policy at the SOAS Centre for International Studies and Diplomacy (CISD) and Deputy Director and Co-founder of the SOAS Centre for Sustainable Finance (CSF). He is also Deputy Academic Director of the University Network for Strengthening Macro-financial Resilience to Climate and Environmental Change headquartered at the CSF and served as Contributing Author to the Intergovernmental Panel on Climate Change's (IPCC) Sixth Assessment Report (AR6 WGII).

His research interests include organizational change and innovation in global energy, climate and financial governance; the mainstreaming of climate goals into financial institutions' strategies and operations; innovative financial mechanisms for climate mitigation and adaptation; economic analysis and evaluation of climate adaptation and resilience-building interventions (especially cost-benefit analysis and impact analysis); and the political economy of energy transitions.

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