Top 5 Priorities for Resilience INvestment
New Discussion Paper - Released November 2022
The State of Climate Adaptation and Resilience Investment: Where We Are, Current Investor Views, and Paths Forward sets out priorities for resilience investments in these key areas:
Top 5 Priorities
- Metrics and standards - Developing metrics and standards for risk management and opportunity assessment;
- Pricing - Pricing climate risk into investments as a key decision tool;
- Practical frameworks - Creating practical frameworks for resilience investment, looking long-term at desired outcomes and needs by key sectors such as food, transport, buildings, energy;
- Resilient net zero - Incorporating resilience into net-zero initiatives and goals; and
- Social impact - Focusing on social impact, environmental justice and inclusive equity in investments.
These priorities represent large, long-term paths forward that will require participation from all financial actors and climate resilience stakeholders. GARI will focus on these critical efforts in 2023 and beyond.
“Investors have an important role to play in helping to build resilience in the face of climate impacts and to incorporate climate risks in their investment decisions” notes Jay Koh, Chair and Founder of GARI and Managing Director of The Lightsmith Group. “
Investors can also drive a ‘Climate 2.0’ perspective that integrates climate resilience and adaptation considerations into the drive toward Net Zero – making commitments to Resilient Net Zero.” Koh highlights the opportunities for investors who he says, “possess enormous financial resources that can be applied to scale up solutions and technologies to address the need for climate resilience and adaptation.”
Read the full discussion paper here.
