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Making the energy sector more resilient to climate change

This is an extract, full report available as PDF download

The energy sector faces multiple threats from climate change, in particular, from extreme weather events and increasing stress on water resources. Greater resilience to climate change impacts will be essential to the technical viability of the energy sector and its ability to cost-effectively meet the rising energy demands driven by global economic and population growth. Energy sector stakeholders, including governments, regulators, utilities/energy companies and financial institutions (banks, insurers, investors) will need to define climate change resilience and adaptation challenges, and identify actions needed to address these challenges.