The report shows how businesses can work with governments, international organizations and communities to adapt to the acute climate hazards facing the world today. Climate adaptation was a major focus at the COP27 Climate Conference in Egypt, especially in light of the devastating floods in Pakistan. Businesses have so far played a small role in global efforts on adaptation, with only 3% of funding coming from private sources. Climate risks could equate to about 10% of annual sales for some companies but there are opportunities for growth, new markets and risk management by investing in securing livelihoods and helping communities to adapt. [2]
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/accelerating-business-action-climate-change-adaptation
[2] http://www.indiaenvironmentportal.org.in/files/file/Accelerating Business.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/world-economic-forum
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-adaptation
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global