PART 2 - Session 3: Accelerating investment into climate adaptation
Nov 6, 2024 | 1:20 PM - 2:35 PMCC15
Nov 6, 2024 | 1:20 PM - 2:35 PM
CC15
Description
The impacts of climate change are already being seen and are projected to become more severe. Investing adaptation is needed to prepare for these changes and help to save lives, protect livelihoods and support economic growth. Private investment will be critical given the scale of the challenge, as a complement to necessary public investment. Currently, adaptation investment is obstructed by outdated policies, market failures, and limited capacity and financial resources. This session will explore how governments, international financial institutions and the private sector can collaborate to unlock the needed investment in climate adaptation. The session will further showcase the forthcoming OECD Climate Adaptation Investment Framework (CAIF).
