GCAP and WS Atkins worked together to develop the EIB’s Climate Risk Assessment system. The objective of the project was to ensure that EIB projects are suitably resilient to climate change, by developing a system and set of tools which are integrated into the Bank’s project assessment procedures and allow the systematic screening of projects for climate risks. The project builds on an initial phase of work assessing and scoping the opportunities for the mainstreaming of climate change adaptation within the Bank. Extensive engagement across the bank led to the development of a set of functional requirements for the system, which were further developed into a business case for EIB’s IT department to implement.
The CRA system was launched in February 2019, and is now a mandatory part of EIB’s project appraisal process. The project showcases our expertise in climate risk screening, and extensive experience working with international organisations to mainstream climate change adaptation.