FEEM Seminar on “Enhancing the Climate Resilience of Africa’s Infrastructure – The Power and Water Sectors”
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This seminar is based on a book edited by Raffaello Cervigni, Rikard Liden, Jim Neumann, and Kenneth Strzepek, published in the World Bank series “Africa Development Forum”. Despite the large uncertainty on whether drier or wetter conditions will prevail in the future in Africa, the book finds that by modifying existing investment plans to explicitly handle the risk of large climate swings, can cut in half or more the cost that would accrue by building infrastructure on the basis of the climate of the past.