Introduction to financing adaptation

How financial institutions can support companies in adapting to climate change

SMEs have to face climate change and implement adaptation measures in order to remain competitive and to stay innovative. This generates an increasing demand from SMEs for financial products and services designed in accordance to their needs in times of climate change.

Mobilizing at-scale private finance for adaptation investment in developing countries is a key to building climate-resilient economies. Current flows, however, fall dramatically short of what is needed. Individual commercial actors thus have to design potential public policies or finance interventions to move adaptation forward and in order to establish adaptation finance for SMEs  in developing countries. 

DEMYSTIFYING ADAPTATION FINANCE FOR THE PRIVATE SECTOR: LAUNCH OF NEW STUDY AT COP22

Monday 07 November 2016, 3 pm // Blue Zone, Marrakesh, Morocco

What are the adaptation needs of private sector actors? How can adaptation be financed? What are the barriers that inhibit private adaptation finance flows? What is the appropriate role of public finance and policy to catalyse private financial flows towards adaptation?

These and other questions are discussed by a joint study between UNEP-FI and the German Federal Ministry for Economic Cooperation and Development (BMZ), implemented by the German Development Corporation (GIZ) and conducted by the Frankfurt School UNEP Collaborating Centre for Climate & Sustainable Energy Finance, the German Development Centre (DIE) and Acclimatise. Second of a series of UNEP FI contributions to the multilateral negotiations on climate finance, the Green Climate Fund, and its Private Sector Facility.

The study examines why businesses find it difficult to adapt (e.g. access to finance, lack of information on expected climate change) and what governments and public finance institutions can do to support private sector investments.

It was officially launched at COP22 on November 7th, 2016.

Resources
DEMYSTIFYING ADAPTATION FINANCE FOR THE PRIVATE SECTOR

DEMYSTIFYING ADAPTATION FINANCE FOR THE PRIVATE SECTOR

EXECUTIVE SUMMARY

Format: pdf
Size: 1.2 MB
Date: 16.11.2016

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Resources
DEMYSTIFYING ADAPATATION FINANCE FOR THE PRIVATE SECTOR

DEMYSTIFYING ADAPATATION FINANCE FOR THE PRIVATE SECTOR

Full Report

Format: pdf
Size: 2.0 MB
Date: 16.01.2017

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