Private Sector & Development magazine articles

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  • COVID-19
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Analysis

Collaborating to accelerate investment in climate adaptation and resilience

Chiara Trabacchi British International Investment
While there is an urgent need to step up action on climate adaptation, the action is not in step with the need. This is especially true of the required financing, particularly from the private sector. To overcome the various barriers to private sector investment in climate adaptation and resilience, international DFIs in 2020 set up a Collaborative group and put forward ambitious commitments to the G7 in May 2021. Its overarching goal is to accelerate and scale up private investment in climate adaptation and resilience in developing countries.
Published on
Decoding

How cities can focus their climate adaptation and resilience actions

Barbara Barros C40 Cities Climate Leadership Group
More than half of the world’s population lives in cities – and all are at risk from increasing climate change impacts ( floods, storms, extreme temperatures, among others) due to warming at alarming levels. This means that communities, the built environment and economies are exposed. Lower- and middle-income countries experience worse scenarios, with amplified impacts for vulnerable groups, the poor, women, children, and the elderly, exacerbating poverty and undermining development.
Published on
Decoding

Helping financial institutions to scale up climate change adaptation for increased resilience

Felix Stiegler GFA Consulting Group
Jonas Gödicke GFA Consulting Group
The financing of adaptation measures has not become widespread up to now due to a number of obstacles. These include – but are not limited to – insufficient harmonization of practices and terminology, less harnessing of private and public capital for climate adaptation than for climate change mitigation, and the complexity of climate risk management.
Published on
Decoding

Investing in nature for water security: the power of collaboration

Naabia Ofosu-Amaah The Nature Conservancy
Sophie Trémolet OECD
Around the world, the impacts of climate change are increasingly being felt and have become impossible to ignore. Stories of increased drought, more intense storms, and changing rainfall patterns are commonplace. These changes are putting global water security at risk: according to the UN, about 4 billion people, representing nearly two-thirds of the global population, already experience severe water scarcity during at least one month of the year, and businesses consistently rank water risk as a top concern, based on a survey published by the World Economic Forum every year.
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Column

Private sector action in analyzing climate risk data

Alix Roumagnac PREDICT Services
Climate change is part of our daily lives. It must no longer be considered as a problem of the future but as a current challenge: it is essential to adapt our societies and systems. Private sector players have a major role (almost a responsibility) to play in this adaptation by proposing innovative responses that meet current challenges. By improving knowledge on the issue, providing strategic advice to decision-makers and implementing operational technical solutions, the objective is indeed to enhance the overall resilience of societies to the consequences of climate change. The agility and innovation which private organizations are capable of are a driving force in this race against time.
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