Building Resilience in Power Sector

Climate resilience is the ability to anticipate, absorb, accommodate, and recover from the effects of a potentially hazardous event. The benefits of resilient power infrastructure are much greater than the costs, considering growing climate change events. It is estimated that for every dollar invested in climate resilient infrastructure, six dollars can be saved. According to the World Bank, if the actions needed for resilience are delayed by ten years, the cost will almost double.