The Risk Stress Test (RiST) tool is an Excel-based tool developed to help conduct the stress testing analysis described in the methodological note . The RiST tool has been designed to highlight risks to project outcomes over long time horizons, accounting for risks along three dimensions:
- Changes in average climate conditions
- Impacts from natural disasters, with current frequency and intensity
- Changes in the frequency of natural disasters due to changes in average climate conditions
The RiST methodology is linked to the ÐÓ°ÉÂÛ̳¡¯s (RRS) and provides an approach to obtain an A rating for resilience of a project, the first of two dimensions covered by the RRS.
Training Videos
These training videos provide a step-by-step breakdown of how to apply the RiST tool for incorporating climate and disaster risks in a project¡¯s economic analysis.
Excel Files
Four examples of applying the RiST tool to energy, transport, agriculture, and water sector projects can be found in Appendices C¨CF in the methodological note. The RiST tool Excel files for each of the case studies are available here:
Reports
Disclaimer
The Risk Stress Testing Methodology and associated RiST Tool can help identify potential climate and disaster risks to a project and inform decision makers on project robustness. However, findings, interpretations, and conclusions derived from applying this Methodology or Tool should not be attributed to the ÐÓ°ÉÂÛ̳, its affiliated institutions, the Executive Directors of the ÐÓ°ÉÂÛ̳ or the governments they represent. Use of this tool is at the user's own risk and under no circumstances shall the ÐÓ°ÉÂÛ̳ be liable for any loss, damage, liability, or expense incurred or suffered which is claimed to result from the use of this Methodology/Tool.