At a time when the impacts of the climate crisis – such as super-charged hurricanes, floods, and wildfires – are becoming increasingly clear, leaders from the Global Commission on Adaptation are calling on governments and businesses to take urgent action to innovate and advance climate adaptation solutions in light of new research findings. The report, Adapt Now: A Gobal Call for Leadership on Climate Resilience, puts forward a bold vision for how to transform key economics systems, making them more resilient and productive. The Commission finds that climate adaptation can produce significant economic returns: the overall rate of return on investments in improved resilience is high, with benefit-cost ratios ranging from 2:1 to 10:1, and in some cases even higher.
By UN Environment Programme. September 10, 2019.