PNG: Multi-tranche Financing Facility for the Sustainable Highlands Highway Investment Program- ADB

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PNG: Multi-tranche Financing Facility for the Sustainable Highlands Highway Investment Program

The proposed Sustainable Highlands Highway Infrastructure Program (SHHIP) is envisaged as a ten- year, multi-partner, multi-tranche financing facility aiming to restore and upgrade the Highlands Highway in Papua New Guinea (PNG). The executing agency is the PNG Department of Works (DoW). The initial climate screening of SHHIP using AWARE determined the Investment Program to be at medium risk to climate and climate change. As a result, ADB procedures require that a climate risk and vulnerability assessment (CRVA) be undertaken during the design stage. This report presents the findings of the CRVA. Additional evidence and methodologies are presented in Annexes; while photographic evidence is presented in the Appendix.