Every dollar a company invests in climate adaptation and resilience measures can deliver up to $15 in financial benefits, a new report by Boston Consulting Group (BCG), the Global Resilience Partnership (GRP), and the United States Agency for International Development (USAID) has concluded.
Launched by UN Special Climate Envoy John Kerry today at COP28, From Risk to Reward: The Business Imperative to Finance Climate Adaptation & Resilience claims to be a first study of its kind to detail the business case for the private sector to fund adaptation and resilience measures in emerging markets, developing, and advanced economies. The study lays out three key opportunities for the private sector to maximise the value associated with investment in climate adaptation and resilience measures. COP28: What to watch out for at the Dubai Summit A "Protect" opportunity allows firm...
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