Resilience credits: Measures for measure

Clara Browne-Amorim

Reporter at Uxolo

In:

Climate finance

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

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All roads out of a successful development project should lead to better resilience. But financing resilience per se is difficult given it cannot be easily measured. Resilience credits – a novel asset class originally thought up by the International Fund for Agricultural Development (IFAD) – could resolve the problem. Jyotsna Puri, associate VP of the strategy and knowledge department at IFAD, explains.