Adapt now: A global call for leadership on climate resilience
The report explores how to transform key economic systems, making them more resilient and productive. The analysis 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.
The report specifically finds that investing $1.8 trillion globally in five areas from 2020 to 2030 could generate $7.1 trillion in total net benefits. The five areas of climate adaptation the report considers are: early warning systems, climate-resilient infrastructure, improved dryland agriculture, mangrove protection, and investments in making water resources more resilient. These represent just a portion of the total investments needed and total benefits available.
In order to ensure that climate impacts, risks and solutions are factoring into decision making at all levels, the report calls for revolutions in three areas: understanding, planning and finance. It also explores how these major system changes can be applied across seven interlocking systems: food, the natural environment, water, cities, infrastructure, disaster risk management, and finance.
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