Ports urged to unite on climate action
At COP30, Resilience4Ports (R4P) unveiled new guidance to help port leaders conduct climate risk assessments (CRAs), essential for mitigating climate-related risks that currently cost the global economy USD 7-10 bn annually and could rise to USD 25-30 bn by 2100 without adequate adaptation. The guidance aims to enable ports to prioritise risks and discover practical solutions to enhance resilience against issues like rising sea levels and extreme weather.
The initiative, led by the International Coalition for Sustainable Infrastructure, stresses collaboration among stakeholders to develop effective CRAs that secure funding for adaptation efforts. Emphasising the critical role of ports in the global supply chain, experts underscore the need for investment in resilient infrastructure. This effort aims to enhance long-term sustainability, protect local economies and ensure that ports can successfully navigate the challenges posed by climate change while contributing positively to their communities and ecosystems.