PlanAdapt’s Post

Adaptation plans to climate change needed - Only about 20% of companies reviewed in a new S&P Global report have disclosed an adaptation plan. And less than half are planning to implement their adaptation plans within the next decade, implying that companies' progress on adapting to climate change is not keeping pace with worsening climate hazards. Some companies are not prioritizing adaptation planning, which could ultimately increase the cost to adapt, and the amount of change required. Sectors indirectly exposed to physical climate risks--such as communications services, information technology, and consumer discretionary--could see rising exposure, absent adaptation. S&P Global Adaptation Report https://lnkd.in/djFjegXc #locationhealth #climatechange #climaterisk #climaterisks #adaptation #TFCD #climateaction #climatecrisis #finance #flood

Healthy ecosystems and the services they provide are crucial to human wellbeing and our ability to address environmental challenges. However, as climate change intensifies, it puts pressures on these ecosystems to provide the necessary services. Countries need to focus on reducing emissions but also ensure building resilience to the impacts of climate change. The latest #AdaptationGap report by UN Environment Programme underpins the strides made by countries in adaptation actions but it is not commensurate with the challenge. The report highlights that countries need to accelerate the scale and speed at which adaptation actions take place. National Adaptation Plans (NAPs) are one of the most important ways a country can adapt to climate change, according to experts.  But what are NAPs and how do they help build resilience? Scroll through our carousel to learn more about national adaptation plans! 🔗 https://lnkd.in/d7ghUjbk Take our new training course and learn how to integrate nature into national adaptation planning 👉 https://lnkd.in/d6vRB6b8

IPCC assessments reports can be daunting to comb through and derive actionable information. The summary reports do a good job at deriving the key messages. But again, the 'and then' part of the story needs to be told. Kenya has recently released funds for adaption actions Financing Locally-Led Climate Action (FLLoCA) Program which fits into the action. Interested in knowing more about national actions, international collaboration, climate finance and more? My colleagues Patricia Nying'uro, HSC, Winnie Asiti Khaemba and Dr. Joyce Kimutai and I teamed up to write this report on Climate change impacts in Kenya https://lnkd.in/duiWCd6H

The importance of the global goal on adaptation (GGA) of enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change was reflected in the decision for the need for planning and implementation efforts by all parties

Catalonia's Global Indicator on Adaptation: Leaving No One behind Catalonia continues to lead the way in climate adaptation, refining its strategies to meet the growing challenges posed by climate change. At the heart of this effort is the Global Indicator on Adaptation (IGA) – a robust tool designed to assess the region’s resilience and the impact of its policies. First introduced in 2014, the IGA has evolved significantly over the past decade, serving both as a monitoring framework and a guide for action. Read full article 👉 https://lnkd.in/dg9tK4vA by Regions4 Regions4Climate

🌍 National Adaptation Plans (NAPs) 🌱 The Paris Agreement emphasizes the importance of adaptation planning, urging countries to enhance their climate resilience by developing National Adaptation Plans (NAPs). These plans are essential for formulating strategies to tackle climate change impacts and building long-term resilience. Countries are encouraged to engage in adaptation processes and implement relevant actions, policies, and strategies. You can explore more on the development of NAPs through resources provided by UNFCCC and NAP Central, which support countries in creating or improving their adaptation plans. Key Insights: NAPs are vital for enhancing the climate resilience of nations, especially in developing countries. As of March 2021, many developing countries have either developed or initiated NAP processes. The darker shades in the map indicate countries with a NAP in place, while lighter shades represent countries that have started the process. Let’s continue supporting the development of strong, actionable adaptation plans that ensure resilience in the face of climate change. 🌱 For more on NAPs and how they shape climate action, check out NAP Central and learn more from the UNFCCC website. #NationalAdaptationPlans #ClimateResilience #ParisAgreement #ClimateAction #Adaptation #SustainableDevelopment #NAPs #UNFCCC #ClimateChange #GlobalAction #ClimateAdaptation #Sustainability #ClimatePolicy

🔳📗 CLIMATE ADAPTATION COSTING IN A CHANGING WORLD — Valuing Climate Adaptation Helps Us Orient Our Compass Toward Effective and Resilient Pathways. The World Bank. 🌐 May 2024. _______ THE IMPACTS of climatic shocks are already being felt [across Europe] and are bound to intensify in line with further climate change. Even rapid and far-reaching progress on decarbonization cannot avoid the extent of climate change that is already locked in due to past emissions. These trends call for urgent climate adaptation investment strategies that can prepare countries for a wide range of climate hazards and their complex impacts across communities and economic sectors. However, formulating concrete investment strategies can be challenging as adaptation needs are vast and difficult to estimate. To overcome this challenge… THIS REPORT REVIEWS evidence-based prioritization and costing approaches and illustrates their application in a series of case studies. These approaches can support policy makers in identifying bankable and effective adaptation investments, raising and allocating adequate financing, and thus ultimately facilitating more effective climate change adaptation [across Europe]. 🔷 ACCESS: https://lnkd.in/emjxRUfQ ✅ _______ 🖌 Art. Image: Birdland by Toni Demuro -

The OECD - OCDE released a report on June 27, "Measuring Progress in Adapting to a Changing Climate: Insights from OECD countries," that provides a detailed overview of current OECD country practices in measuring climate adaptation. Building on a cross-country survey and country case studies carried out in Chile, Korea, the Slovak Republic, and the United Kingdom, "[i]t proposes a framework that can guide countries on what needs to be measured and how, and discusses the role that adaptation indicators and a conducive institutional environment can play in strengthening adaptation measurement." The report notes that OECD countries increasingly are making climate change adaptation a policy priority, but "while experience in policy design and implementation has grown significantly, ...measuring progress remains a challenge for countries." #climateadaptation #climateaction #resilience #OECD #climatepolicy #Chile #Korea #SlovakRepublic #UnitedKingdom #AdaptationLeader 

📑Western Balkans 6 Climate Change and Development Report ❗️💶Adapting to climate change is urgent - an initial, comprehensive package of investments in the Western Balkans is estimated to reach US$37 billion. Frontloading investments within a 5–10-year period will cushion the effects of climate change-related shocks and stresses. Investing in adaptation brings the triple dividend of avoided losses, accelerated economic potential, and amplified social and environmental co-benefits – with returns estimated to be around US$4 for every US$1 invested. 📈The Western Balkans can become climate-neutral by 2050 without compromising its growth potential. Achieving net zero, in line with the ambitions of the European Union, will require an investment of US$32 billion to transform the power system, and decarbonize the transport, buildings, and industrial sectors. Notably, 85% of this funding can be sourced from the private sector if countries develop enabling regulatory environments and incentivize private sector participation in the transition. 🏥Climate action in the Western Balkans will bring many benefits, far beyond the effects on climate. For instance, the net zero transition could decrease air pollution-related mortality by 15 percent by 2050, potentially saving thousands of lives. Early-warning systems yield extremely high benefits in terms of avoided mortality and hospitalization - hundreds or even thousands of times the implementation cost. Flood and water management, and nature-based solutions, can also benefit local economic development. 🛠️The green transition will transform the skills requirements Adapting to climate change is urgent - an initial, comprehensive package of investments in the Western Balkans is estimated to reach US$37 billion. Link🔗⤵️

By addressing the urgent need for comprehensive adaptation strategies, we can mitigate the impacts of climate change, increase resilience through adaptation, and protect the most vulnerable communities from the increasing threats posed by extreme heat. 🆕 from Autumn Burton and Irene N.: Mobilizing Innovative Financial Mechanisms For Extreme Heat Adaptation Solutions In Developing Nations #DayOne2025 https://lnkd.in/ed-m_2Bn