Every dollar invested in climate resilience can yield up to $15 in financial benefits

Launched by UN Special Climate Envoy

Stuart Stone
clock • 3 min read

Every dollar a company invests in climate adaptation and resilience measures can deliver up to $15 in financial benefits, a new report by Boston Consulting Group (BCG), the Global Resilience Partnership (GRP), and the United States Agency for International Development (USAID) has concluded.

Launched by UN Special Climate Envoy John Kerry today at COP28, From Risk to Reward: The Business Imperative to Finance Climate Adaptation & Resilience claims to be a first study of its kind to detail the business case for the private sector to fund adaptation and resilience measures in emerging markets, developing, and advanced economies. The study lays out three key opportunities for the private sector to maximise the value associated with investment in climate adaptation and resilience measures. COP28: What to watch out for at the Dubai Summit A "Protect" opportunity allows firm...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

European ESG fund fees fall further than non-ESG peers over past decade
ESG

European ESG fund fees fall further than non-ESG peers over past decade

Asset-weighted costs of 0.83%

clock 24 June 2024 • 1 min read
PIMFA calls for a year delay to SDR portfolio management rules
ESG

PIMFA calls for a year delay to SDR portfolio management rules

Not enough time for firms

Isabel Baxter
clock 17 June 2024 • 3 min read
CCLA's James Corah: Going beyond the portfolio to address systemic issues
ESG

CCLA's James Corah: Going beyond the portfolio to address systemic issues

Rethinking engagement

James Corah
clock 12 June 2024 • 5 min read
Trustpilot