Role of businesses in climate adaptation

The brief argues that the private sector is critical for global climate adaptation due to the economic toll of extreme weather and the vulnerability of international supply chains. It emphasizes that business-led adaptation must integrate justice and equity to benefit workers and ecosystems, and calls for collaborative enabling environments between governments and private actors to accelerate the deployment of adaptation technologies.

• The private sector's role in global adaptation is increasingly critical as extreme weather events cause significant economic damage, necessitating that businesses evaluate how physical climate impacts affect their operations and international supply chains, particularly those in climate-vulnerable regions.
• Corporate adaptation strategies must incorporate justice and equity to ensure that resilience benefits extend to the natural ecosystems, communities, and workers within their value chains.
• Accelerating business-led adaptation requires a collaborative approach where governments and private actors use economic incentives, international agreements, and policies to create an enabling environment and scale innovative adaptation technologies.

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} }