Engaging the private sector in financing adaptation to climate change: learning from practice
A new paper released by the Action on Climate Today (ACT) programme provides a framework to help development and climate practitioners to better engage with the private sector on climate change adaptation. The paper, titled “Engaging the private sector in financing adaptation to climate change: Learning from practice”, provides practical advice to encourage private sector organisations and institutions to invest in climate change adaptation measures. Stimulating flows of private finance is essential for developing countries to meet the cost of climate change adaptation, which has been estimated to reach $100 billion per year to 2050.
