The CCRI pilot project aims to deliver a comprehensive solution for the government of Jamaica to be able to assess, manage and finance resilient infrastructure investment needs. In addition to building capabilities for the assessment and management of Physical Climate Risks, this project will support the generation of a pipeline of investment needs in Jamaica, aimed at attracting both private and public sources.
The pilot, co-developed and scoped in partnership with the Government of Jamaica, started developing and testing the J-SRAT tool – also defined as “a geospatial analysis platform for infrastructure risk assessment and resilient investment prioritisation” – early in 2021.
Led by Oxford University, modellers collaborated with public and private sector stakeholders in the country to obtain national key input data, validate assumptions and work to develop models to identify points of network climate vulnerability. Results from the initial network assessment were used in an input-output model of the Jamaican economy to quantify the macro-economic impacts of the simulated disruptions. This was then used to estimate the total macro-economic impacts, in terms of reduced GDP. The team has developed a country case to share with national stakeholders, providing perspective and clarity on the uses of the tool and the benefits of obtaining such analysis for investment decision-making.
Having launched the tool this week, the project will move to the next phase of work which looks to harness the opportunities presented by the implementation of the J-SRAT to inform more effective and climate resilient policy and decision-making. Ultimately, the tool will directly contribute to the design of climate resilient projects that accelerate investment in resilient infrastructure in Jamaica.