A Message from the World Energy Council

As the COVID-19 pandemic reaches most corners of the world, pulling together as a community of deep expertise has never been more important - to share experiences and lessons learned, and better prepare for and shape what comes next. Our role as a credible, responsible and impartial value-adding “global voice” for whole energy system movement has never been more critical.

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The road to resilience - managing the risks of the energy-water-food nexus

'The road to resilience – managing the risks of the energy-water-food nexus' is the second risk dimension investigated as part of the Financing Resilient Energy Infrastructure initiative. The first report in the series, ‘The road to resilience - managing and financing extreme weather risk’, recommended moving towards a more systemic understanding of resilience, in order to best manage extreme weather risks. This report investigates the risks of the energy-water-food nexus and examines the integrated coordination that is needed for financing resilience.

This report focuses understanding how the energy sector can better manage impacts on land and water whilst still aiming to balance the Energy Trilemma. The initial findings lay out the initial understanding of the risks posed by the energy-water-food nexus in the energy industry. By understanding how to technically and financially address these risks, the report provides recommendations for the energy industry to work together with the financial community, investors and policymakers to share and promote measures that must be incorporated into energy infrastructure design and investment decisions.

The series of reports is prepared with Swiss Re Corporate Solutions and Marsh & McLennan Companies with insights from the European Bank for Reconstruction and Development. The next report in the Resilience series, Cyber Risk, will investigate how the energy sector can better manage impacts from cyber risks.

 

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