Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action

This report identifies ways to overcome key barriers to private sector investment in adaptation and resilience, laying out a coordinated and data-driven Blueprint for Action to help governments and their development partners to close the adaptation finance gap. Although climate adaptation finance fl...

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Main Authors: Tall, Arame, Lynagh, Sarah, Blanco Vecchi, Candela, Bardouille, Pepukaye, Montoya Pino, Felipe, Shabahat, Elham, Stenek, Vladimir, Stewart, Fiona, Power, Samantha, Paladines, Cindy, Neves, Philippe, Kerr, Lori
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/566041614722486484/Enabling-Private-Investment-in-Climate-Adaptation-and-Resilience-Current-Status-Barriers-to-Investment-and-Blueprint-for-Action
http://hdl.handle.net/10986/35203
id okr-10986-35203
recordtype oai_dc
spelling okr-10986-352032021-06-14T09:52:41Z Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action Tall, Arame Lynagh, Sarah Blanco Vecchi, Candela Bardouille, Pepukaye Montoya Pino, Felipe Shabahat, Elham Stenek, Vladimir Stewart, Fiona Power, Samantha Paladines, Cindy Neves, Philippe Kerr, Lori PRIVATE INVESTMENT CLIMATE CHANGE ADAPTATION CLIMATE FINANCE CLIMATE RESILIENCE This report identifies ways to overcome key barriers to private sector investment in adaptation and resilience, laying out a coordinated and data-driven Blueprint for Action to help governments and their development partners to close the adaptation finance gap. Although climate adaptation finance flows have increased by 35% in recent years, they still fall short of what is needed to avoid severe economic and human impacts from climate change. The urgent need for boosting investment in climate adaptation and resilience cannot be overstated. Much remains to be learned about how to unlock and enable private capital to help finance national and local adaptation priorities, and how to build the business case for adaptation. The report offers a snapshot of current levels of private financing for climate adaptation and how they fit into global efforts to finance climate resilience-building around the world. It documents the main barriers that have stymied private investment in adaptation to date. The report proposes a blueprint for action--a concrete, stepped approach for governments to address barriers to private investment in adaptation and resilience--so private capital can actively contribute to financing national and local priorities. The blueprint provides five entry points to enable private investment. The Blueprint for action we propose in the report represents a novel coordinated framework for action for governments to develop, finance, and implement priority adaptation and resilience investments – driven by countries’ goals and national investment plans that can help accelerate and scale up investment to address the climate resilience needs of the world’s most climate-vulnerable communities and economies. 2021-03-02T23:33:13Z 2021-03-02T23:33:13Z 2021-03-02 Report http://documents.worldbank.org/curated/en/566041614722486484/Enabling-Private-Investment-in-Climate-Adaptation-and-Resilience-Current-Status-Barriers-to-Investment-and-Blueprint-for-Action http://hdl.handle.net/10986/35203 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PRIVATE INVESTMENT
CLIMATE CHANGE ADAPTATION
CLIMATE FINANCE
CLIMATE RESILIENCE
spellingShingle PRIVATE INVESTMENT
CLIMATE CHANGE ADAPTATION
CLIMATE FINANCE
CLIMATE RESILIENCE
Tall, Arame
Lynagh, Sarah
Blanco Vecchi, Candela
Bardouille, Pepukaye
Montoya Pino, Felipe
Shabahat, Elham
Stenek, Vladimir
Stewart, Fiona
Power, Samantha
Paladines, Cindy
Neves, Philippe
Kerr, Lori
Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action
description This report identifies ways to overcome key barriers to private sector investment in adaptation and resilience, laying out a coordinated and data-driven Blueprint for Action to help governments and their development partners to close the adaptation finance gap. Although climate adaptation finance flows have increased by 35% in recent years, they still fall short of what is needed to avoid severe economic and human impacts from climate change. The urgent need for boosting investment in climate adaptation and resilience cannot be overstated. Much remains to be learned about how to unlock and enable private capital to help finance national and local adaptation priorities, and how to build the business case for adaptation. The report offers a snapshot of current levels of private financing for climate adaptation and how they fit into global efforts to finance climate resilience-building around the world. It documents the main barriers that have stymied private investment in adaptation to date. The report proposes a blueprint for action--a concrete, stepped approach for governments to address barriers to private investment in adaptation and resilience--so private capital can actively contribute to financing national and local priorities. The blueprint provides five entry points to enable private investment. The Blueprint for action we propose in the report represents a novel coordinated framework for action for governments to develop, finance, and implement priority adaptation and resilience investments – driven by countries’ goals and national investment plans that can help accelerate and scale up investment to address the climate resilience needs of the world’s most climate-vulnerable communities and economies.
format Report
author Tall, Arame
Lynagh, Sarah
Blanco Vecchi, Candela
Bardouille, Pepukaye
Montoya Pino, Felipe
Shabahat, Elham
Stenek, Vladimir
Stewart, Fiona
Power, Samantha
Paladines, Cindy
Neves, Philippe
Kerr, Lori
author_facet Tall, Arame
Lynagh, Sarah
Blanco Vecchi, Candela
Bardouille, Pepukaye
Montoya Pino, Felipe
Shabahat, Elham
Stenek, Vladimir
Stewart, Fiona
Power, Samantha
Paladines, Cindy
Neves, Philippe
Kerr, Lori
author_sort Tall, Arame
title Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action
title_short Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action
title_full Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action
title_fullStr Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action
title_full_unstemmed Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action
title_sort enabling private investment in climate adaptation and resilience : current status, barriers to investment and blueprint for action
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/566041614722486484/Enabling-Private-Investment-in-Climate-Adaptation-and-Resilience-Current-Status-Barriers-to-Investment-and-Blueprint-for-Action
http://hdl.handle.net/10986/35203
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