Description

Information barriers are information gaps that limit projects’ ability to address adaptation needs. They include:

Availability of disaggregated climate data: Even in cases where investments in resilience of transport assets is successful, roads and other transport assets face considerable continued maintenance and operations costs requiring very long-term finance structures.

Capacity to collect and analyze relevant climate data: Siloed approaches where multi-sectoral, cross boundary solutions are needed: Land Use and Forestry transcend sectoral and geographic boundaries. This adds to the complexity in terms of matching the vested interests of multiple actors (communities, governments, businesses), as well as developing structures for implementing projects or interventions. Most governments, donors, and businesses are organized by sector, and National Adaptation Plans follow this siloed approach as well. There is a need to create multi-sectoral, multi-jurisdiction entities to implement projects in this sector.

Lack of information: Lack of information about various risk mitigation and transfer instruments like index insurance, risk pools, etc. at individual and relevant institutional level i.e. at farmers collectives, sovereign, or subnational governments.