✉news EnvironmentClimate first seen 2 d ago, last 1 d ago, peak #11
Climate adaptation gap seen as material financial risk
Original: The billion dollar climate adaptation gap: a material risk and opportunity for the finance industry
The United Nations Environment Programme Finance Initiative is highlighting the multibillion-dollar gap in climate adaptation funding, framing it as both a material risk and an opportunity for the finance industry. The initiative argues that underinvestment in adapting to climate impacts exposes portfolios and lenders to growing physical risks, while closing the gap could open new markets for banks, insurers and investors.
Why now: Finance institutions are increasingly assessing climate adaptation as a physical risk and investment opportunity
United Nations Environment Programme Finance Initiativefinance industry
Evidence
- The billion dollar climate adaptation gap: a material risk and opportunity for the finance industry · United Nations Environment Programme Finance Initiative
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