Responding to the impact of climate variability and change on poverty, development organisations increasingly acknowledge that climate change poses a strategic risk to its core poverty reduction aims and the achievement of the Millennium Development Goals (MDGs) (ADB et al, 2003; DFID 2006; UNDP 2007).
For development cooperation donor agencies, climate change also poses a fiduciary risk by potentially compromising the effectiveness of the investments of public funds in poverty reduction around the world.
Related Content
This article comes from theĀ IDS Bulletin 39.4 (2008) Climate Risk Screening of Development Portfolios and Programmes