While some of the implications of climate change still seem far away, record-setting heatwaves, flooding, storms and wildfires already imply significant economic and social costs to societies globally. These events are also indications of the potential future social, economic, geopolitical, and environmental disruptions of climate change. At the same time, a growing number of companies in developing countries and emerging markets offer products and services that support their customers in adapting to climate change.
In 2018, an estimated $170 billion have been spent on climate solutions globally and that market is expected to more than double in size by 2022. However, actual financing flows into climate adaptation solutions are insufficient in view of the challenges the world is facing and the urgency of the problem. In this EVPA e-talk we will hear more about the importance of providing private capital for climate adaptation finance.
During the first part climate investment professionals discussed about market trends and business opportunities, unrealized impact potential as well as common challenges. There will be opportunities for questions and further exchanges on the topic in the second part of the session.The panel includes Urs Dieterich (Landscape Resilience Fund), Laura Würtenberger (Climate Adaptation Finance), Peter Onguka (Root Capital), Anja König (EVPA), Denise Engels (GIZ) and Frank Aswani (AVPA).
Access to the webinar recording here