Countries across the globe are experiencing the growing intensity and frequency of extreme climate events, with catastrophic impacts on infrastructure. Climate change today manifests itself through weather anomalies and extreme weather events which pose direct physical risks to people, assets, and infrastructure. Over the next 15 years, an investment of around US$90 trillion is required to replace ageing infrastructure in advanced economies, and to accommodate higher growth in emerging economies. The document highlights important themes such as: the risk climate change presents to infrastructure interdependencies; adaptation investment; and potential economic opportunities. Countries across the globe are experiencing the growing intensity and frequency of extreme climate events, with catastrophic impacts on infrastructure. It makes the case for action, identifies who needs to act, the challenges to acting and the opportunities available. The Climate Lens is a horizontal requirement applicable to Infrastructure Canada's Investing in Canada Infrastructure Program (ICIP), Disaster Mitigation and Adaptation … To this end, it is important to re-examine the planning, design, operations, maintenance, and management of infrastructure, to meet the emerging demands of the changing climate. Alongside the transition to a low carbon society, increasing infrastructure’s resilience to climate change impacts is a high priority to help protect the economy and its future growth. As cities deal with climate vagaries and extreme weather events, there is a clear need for action and efforts to minimise the risks posed by climate change and incorporate climate change considerations in the infrastructure development goals. (The formal, Intergovernmental Panel on Climate Change (IPCC) definition of resilience is the “capacity of social, economic, and environmental systems to cope with a hazardous event or trend or disturbance, responding or reorganizing in ways that maintain their essential function, identity, and structure, while also maintaining the capacity for adaptation, learning, and transformation.”) The impacts of climate change go way beyond these direct physical risks as the damage of infrastructure and property further impacts economic growth. She works on urbanisation challenges with respect to climate change adaptation and mitigation. In the face of climate change, planning, operation, maintenance, and management of infrastructure need to be revised, says urban environmental planner Riya Rahiman. Long-term monitoring and local observations are also key. climate resilience, infrastructure, networks, Climate Resilient Infrastructure: Preparing for a Changing Climate, Europe's vulnerability to climate change impacts occurring outside Europe, https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/69269/climate-resilient-infrastructure-full.pdf. However, during their life cycle they can be subjected to climate vagaries which can be very different from past climate trends. Her expertise revolves around research and policy to foster sustainable, low-carbon, resilient and liveable cities. As climate change impacts become more severe, cities and communities are seeking to become more resilient. Climate change today manifests itself through weather anomalies and extreme weather events which pose direct physical risks to people, assets, and infrastructure. Climate Resilient Infrastructure – the Way Forward, Centre for Urban Planning and Governance, The Energy and Resources Institute (TERI). Presently, the design standards for building infrastructure are based on historic climate data. It is designed to catalyse action to adapt infrastructure in the energy, ICT, transport and water sectors (infrastructure networks). that are designed to last fifty years or more. Climate Resilient Infrastructure: Preparing for a Changing Climate (2011) Climate change is happening at an increasingly rapid pace and will modify long-term climatic averages, and the frequency and intensity of extreme events. Climate Resilience Principles In October 2018, the Climate Bonds Initiative convened the Adaptation and Resilience Expert Group (AREG) to design a set of principles that would guide the integration of criteria for climate adaptation and resilience into the Climate Bonds Standard.