Role of businesses in climate adaptation

This policy discussion brief from the Stockholm Environment Institute examines the role of the private sector in climate adaptation, emphasizing the need for businesses to assess physical climate risks across global supply chains and integrate justice and equity into their resilience measures.

• The private sector's role in enhancing resilience and global adaptation is increasingly critical due to the rising frequency and severity of extreme weather events and their associated economic costs.
• Because global economies rely on international supply chains that frequently extend into regions vulnerable to climate change, businesses must accurately evaluate how physical climate impacts affect their operations and value chains.
• Corporate adaptation strategies should incorporate justice and equity to ensure that resilience benefits extend to the natural ecosystems, communities, and workers within their value chains.
• Collaborative efforts between governments and the private sector, utilizing economic incentives, international agreements, and policies, are necessary to create an environment that accelerates business-led adaptation.
• Investments from both the public and private sectors are opening new markets for adaptation technologies and solutions essential for climate-proofing society and the economy.

APA

Stockholm Environment Institute (2022). Role of businesses in climate adaptation. https://www.sei.org/publications/role-of-businesses-in-climate-adaptation/

Chicago

Stockholm Environment Institute. Role of businesses in climate adaptation. 2022. https://www.sei.org/publications/role-of-businesses-in-climate-adaptation/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=Role of businesses in climate adaptation |date=28 November 2022 |url=https://www.sei.org/publications/role-of-businesses-in-climate-adaptation/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2022role, author = {{Stockholm Environment Institute}}, title = {{Role of businesses in climate adaptation}}, institution = {Stockholm Environment Institute}, year = {2022}, month = nov, url = {https://www.sei.org/publications/role-of-businesses-in-climate-adaptation/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }