The Global Adaptation and Resilience Investment Working Group (GARI) is a private sector, private investor-led initiative that was announced at Paris COP21 in conjunction with the UN Secretary General’s Climate Resilience Initiative. The working group brings together private and public sector investors, bankers, lenders and other stakeholders to discuss critical issues at the intersection of climate adaptation and resilience and investment with the objective of helping to assess, mobilize and catalyze action and investment.
GARI aims to provide education, research and resources to build awareness and capacity in the private sector towards the mission of catalyzing investment in resilience.
GARI was conceived in 2015 and launched at COP21 in Paris in conjunction with the UN Secretary General’s Anticipate, Absorb, Reshape (A2R) Climate Resilience Initiative. Now an official partner of A2R, GARI was designed to bring together private investors and a range of other stakeholder groups to focus on investment and climate adaptation and resilience. The idea was to bring together in as open a manner as possible interested investors, climate experts, and other stakeholders to focus on how to practically invest in the face of climate adaptation and resilience needs.
Since 2016, GARI has convened over 40 in-person and remotely-accessible meetings in New York, Washington DC, San Francisco, and London, bringing together over 300 private sector investors and other stakeholders from pension funds, endowments and foundations, insurance companies, banks and investment managers to corporations, start-ups, think tanks, advisory firms and development finance institutions.
In 2020, GARI received support from Kresge Foundation to form a non-profit focused on broadening and deepening the stakeholder network, expanding and deepening thought leadership and dissemination of information, and identifying new financial instruments to advance climate adaptation and resilience investment.