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Climate Risk and Business: Ports


Physical infrastructure at ports and port activities may be highly vulnerable to changes in climate. For instance, the risks could manifest through changes in the level or patterns of shipping, increased flooding affecting movements within ports and causing damage to goods stored, reduced navigability of access channels and business interruption. Some ports will also see opportunities as a result of climate change. A port’s reputation for reliability is key to its success, so ports that are more resilient to disruption from climate events should fare better. Changes in trade flows driven by climate change will also see winners and losers. 

 

To understand the significance of these risks for a given port, this study assesses risks and opportunities for ports in general, and specifically for IFC’s client, Terminal Marítimo Muelles el Bosque (MEB), in Cartagena, Colombia.

 

 Download the Executive Summary

 

 Download the Full Report

 

 Download the Appendices

 

IFC (a member of the World Bank Group) accepts no liability for the accuracy or the content of the findings, interpretations, views, and conclusions expressed in these publications, nor of the models and datasets provided, or for the consequences of its use or any actions taken on the basis of the information and datasets provided. The information and datasets don’t guarantee a particular result nor the acceptance, recognition or endorsement on any specific tool or information used in the development of the information and datasets. 

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