Climate Toolkits for Infrastructure PPPs: Road Sector
The toolkit contains three modules covering the major climate entry points (i.e., alignment with climate policies; incorporation of climate considerations in the project selection; and appraisal of climate effects in the project’s economics and financing), followed by a fourth module that provides climate-related key performance indicators (KPIs) applicable to road projects. Every module is divided into steps, outlining the logical order of the process, that are implemented using specific tools. The tools contained in this toolkit have different formats, depending on the task they serve, and many are accompanied by reference libraries. The toolkit also provides ready-to-use reporting templates to assist in the implementation of the process and the documentation of results. Module 1 presents a two-step process, with tools to assist users with mapping climate policies, and screening projects’ alignments with such policies, to identify areas where corrective actions may be needed. Module 2 contains five steps designed to assist users in assessing climate risks, defining strategies to reduce them, estimating the carbon footprints of projects at a preliminary stage, and designing strategies for climate mitigation actions. Module 3, which provides a two-step approach (comprising three tools) to guide users on how to prioritize climate strategies and check their economic soundness. Module 4 presents a set of key performance indicators (KPIs) for all the above processes that are specific to road projects and are meant to serve as entry points for the relevant activities.