Building climate-resilient infrastructure
Quality infrastructure must be defined in part by its ability to withstand climate change. Sea level rise, extreme weather events and storm surges, high temperatures and heavy rainfall can all affect the lifespan of infrastructure. Australia is taking a proactive, evidence-based approach to managing risks posed by climate change in the construction of infrastructure in the Indo-Pacific.
Some of our key support mechanisms include:
- Providing Pacific countries and Timor-Leste with greater access to capital to support quality, inclusive and resilient economic infrastructure through the Australian Infrastructure Financing Facility for the Pacific (AIFFP). The AIFFP partners with governments and the private sector to design high impact, safeguarded projects and enable their delivery through up to $1.5 billion in loan financing and up to $500 million in grants.
- Contributing to quality infrastructure development in Southeast Asia through Australia's Partnerships for Infrastructure (P4I). The goal of this regional initiative is to support quality infrastructure development, including energy infrastructure, that drives inclusive growth in the region.
- Australia is an executive member of the Coalition for Disaster Resilient Infrastructure, co-chaired by the United Kingdom and India. The Coalition aims to build resilience into infrastructure systems to ensure sustainable development, expanding universal access to basic services and enabling prosperity.