Some Project Examples
Landslides pose severe risks to infrastructure and to people who live, travel, or work near vulnerable sites. Often socially and economically marginal communities settle in hilly areas prone to landslides, and in mountainous regions, road and communications links critical for the economy are vulnerable, especially during and immediately after the rainy season - often also the growing and harvest seasons.
Landslides have many causes, but changes in precipitation owing to climate change may increase landslide hazards. There are a variety of engineering and land use interventions and practices that offer to reduce these hazards.
Landslide prevention measures could be supported by VRCs™. Project developers would survey and analyze landslide risk, and consider what communities and assets were exposed to these risks. If precipitation patterns increase the risk, these may be integrated into a future vulnerability baseline. The reduced hazard associated with projects to prevent landslides, such as improved road and building construction and project siting, planting vegetation, and improving drainage can then be the basis for generating VRCs™.
A number of recent floods that have displaced millions, with devastating impacts on human health, food security, and infrastructure, have a demonstrable linkage to climate changes. Projects to reduce flood hazard, including engineering, land use, and disaster management interventions, can be attractive generators of VRCs™, and the revenue stream from VRCs™ in turn can back project finance.
The HGF's newly introduced Vulnerability Reduction Project Manager-Flood Defense (VRPM-FloodDefense) tool is now being introduced as an aid to project development. Based on understanding baseline flood hazard and anticipated future changes in precipitation and other climate factors causing flooding, the VRPM-FloodDefense can be used to develop projects to protect assets and communities. After implementation, if the project’s monitoring reports demonstrate that it is maintained according to Higher Ground registered project design, VRCs™ may be issued.
Agricultural Climate Adaptation
Farming and grazing is how billions in the developing world sustain themselves and their families. In subsistence agriculture, climate factors: temperature and precipitation, among others, lead to good harvests or poor harvests. A poor harvest often throws a whole region into poverty.
Higher Ground VRCs™ can stimulate planning and project finance to climate-proof crop production. To win VRCs™, current agricultural practices and their vulnerability to climate need to be understood and assessments of how future climates will impact production, on a business-as-usual basis, give a vulnerability baseline. This assessment will then inform what alternative practices - changes in crops and varieties, irrigation, pest management, among others - offer to cost-effectively reduce vulnerability. As with other measures, effective maintenance of the project is required for VRC™ issuance.