The Adaptation Economy, which investigates the need for climate adaptation investment in 10 markets – including China, India, Bangladesh and Pakistan. Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade.

The Strategic Framework for Resilience and Climate for Latin America and the Caribbean took as its starting point an integrated vision of resilience, with an emphasis on reducing the impact of climate change and improving food security and nutrition.

As the climate is changing, the global economy is adapting. This paper provides a novel method of estimating how much adaptation has taken place historically, how much it has cost, and how much it has reduced the impacts of climate change.

This discussion paper was prepared to showcase the need for – and the benefit of having – a globally consistent, open baseline dataset of climate risk and resilience metrics as a global public good to help mobilize finance for adaptation. The Glasgow Climate Pact agreed at COP26 included the call to double climate finance for adaptation.

This publication is an independent global assessment of the impacts of human-induced climate change in the 21st century. It presents national level data across 32 distinct impact indicators, mainly through regional analysis, supplemented by select country examples.

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