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Business Case Outlook for Adopting Climate Resiliency Measures

Business Case Outlook for Adopting Climate Resiliency Measures

Year Published

2023

Contributing Organizations

CEAC Solutions
IDB Invest
Inter-American Development Bank (IDB)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Adaptation & Resilience
Topic 2
Risks & Opportunities: The Business Case
Topic 3
Buildings & Real Estate

Target Audience

Real Economy Corporates
MDBs/DFIs
Asset Managers

Relevant Geography

Latin America and the Caribbean
Business Case Outlook for Adopting Climate Resiliency Measures

Resource Description

This resource builds the business case for climate-resilient residential and commercial construction in Barbados, Jamaica, and Trinidad and Tobago. It assesses hazards, resilience options, and financial returns to guide investment.

Why This Matters

Resilient construction lowers climate risks, safeguards livelihoods, and creates significant investment opportunities.

Key Insights

  • Caribbean buildings face major risks from hurricanes, floods, droughts, and heat, with hurricane losses averaging US$215m annually
  • Measures like roof anchorage, flood barriers, and shading deliver positive ROI, especially for SMEs
  • Market potential for resilient housing: US$625b in Barbados, US$148b in Jamaica, US$10b in Trinidad and Tobago
  • Demand depends on affordability, financing, and costs; few financial products currently support resilience
  • Greater awareness, lending tools, and capacity building are needed

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