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Climate change adaptation finance: opportunity to build a more resilient recovery
Saghir, Jamal Colorado School of Mines. Payne Institute for Public Policy
Saghir, Jamal
Colorado School of Mines. Payne Institute for Public Policy
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2021-04-20
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Abstract
Climate-change impacts are mounting, and with them the need to advance on adaptation. Even if emission-reduction efforts succeed and the world meets the goal of holding average temperature increases to below 2°C, there are some changes already locked into universal systems that will have unavoidable consequences and therefore the need to adapt. Recent progress on adaptation and in particular in raising funds has slowed. Finance is critical to accelerating climate adaptation, but flows remain far short of what is needed given escalating climate risks. The post-COVID pandemic economic recovery plans provide a unique opportunity to make economies and communities more adapted and resilient to climate change.
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