Private Sector & Adaptation

Dealing with risks and seizing &
financing opportunities in
the private sector

Further Readings

In this section, you can find recommended readings and documents with relevant information oriented on climate change adaptation. 

Adaptation Gap Report 2023

The adaptation finance needed to implement domestic adaptation priorities is estimated at US$387 billion per year. The United Nations Environment Programme (UNEP) 2023 Adaptation Gap Report  identifies seven ways to increase financing, including through domestic expenditure and international and private sector finance. 

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Private sector engagement to advance climate adaptation and resilience: a guide to building effective partnerships

The Bureau for Resilience and Food Security’s Private Sector Engagement Secretariat has funded this guidance to support USAID Missions and implementing partners in strategically partnering with a wide variety of private sector actors, throughout USAID’s programming, to implement these USG strategies by piloting and scaling innovative, market-based solutions in service of making communities, business, and government more resilient to the disastrous effects of climate change.

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Inclusive gender and climate finance

Inclusive gender and climate Finance: Centring frontline, underrepresented and underserved communities in investment. This guide developed by 2X Global explore different entry points on how investors can use a gender, climate and justice lens to channel more finance towards social and environmental progress.

 

This report identifies seven ways to increase financing, including through domestic expenditure and international and private sector finance. 

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The State of Climate Adaptation and Resilience Investment

GARI looked at global progress to understand physical climate risks and resiliences. They assessed the developing market for investors, studied feedback from stakeholder surveys and discussions, and now bring forth a set of recommendations and potential paths forward for resilience investments to shape GARI activities in the coming year.

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Climate Policy Initiative Blog: Unlocking Private Sector Adaptation Finance

CPI’s 2021 Global Landscape of Climate Finance tracked USD 46 billion in adaptation finance in 2019/2020, an increase of 53% from the USD 30 billion in 2017/2018. While this increase reflects a broader positive trend across public actors recognizing the importance and urgency of implementing climate-resilient development, adaptation finance continues to account for only a minor share of total global climate finance flows.

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Adaptation Gap Report 2022

The report looks at progress in planning, financing and implementing adaptation actions. The paper shows that States’ efforts on finance plans and strategies are found insufficient.

Implementation of adaptation actions – concentrated in agriculture, water, ecosystems and cross-cutting sectors – is increasing. However, without a step change in support, adaptation actions could be outstripped by accelerating climate risks, which would further widen the adaptation implementation gap.

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Measuring the Impact of Climate Small and Growing Businesses

Since 2017, the Climate Collective Foundation has been actively engaged in supporting the small and growing business (SGB) sector to measure climate, social, and gender impacts of early-stage startups. This work includes a curriculum introducing startups to climate impact assessments and workshops for startups ecosystem partners.

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Global Landscape of Climate Finance 2021

The 2021 edition of the Global Landscape of Climate Finance (the Landscape) provides the most comprehensive overview of global climate-related primary investment. The 2021 Global Landscape of Climate Finance analyzes climate finance flows along their life cycle.

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Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action

This report identifies ways to overcome key barriers to private sector investment in adaptation and resilience, laying out a coordinated and data-driven Blueprint for Action to help governments and their development partners to close the adaptation finance gap.

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Adaptation Solutions Taxonomy

The ASAP Adaptation Solutions Taxonomy is a tool developed with the aim to establish a structured approach for determining, whether an SME qualifies as “Adaptation SME”. The determination/assessment is based on type(s) of technologies, products and services offered, identifying areas in which SMEs may require targeted support during the engagement, incubation/acceleration phases of ASAP to avoid maladaptation and adopt best environmental and social risk management practices. This is to furthermore create a flexible and inclusive framework that can be applied beyond the ASAP initiative to any company, regardless of size/scale or geography.

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