![]() ![]() We advocate for solutions that are low cost, proven to be effective, and have immediate impact, such as early warning systems for extreme weather events, coastal barriers, water desalination and wastewater treatment, vertical farming and hydroponic agriculture, improved cooling and insulation systems, 3D printed and modular housing, and many other measures. Indeed, according to this Bloomberg report, Bank of America analysts estimate that the climate adaptation market could be worth $2 trillion a year within the next five years.įundamentally, climate adaptation is about evolving organizational and institutional practices and infrastructures and technologies in places that most need them - which is everywhere that faces risks such as floods and rising sea levels, droughts, and heat waves. They deserve far greater business investment, especially because they represent near-term opportunities at lower capital expenditures that offer faster paybacks. According to a 2021 report from the Climate Policy Initiative, these types of initiatives receive only 7% of climate-related investment, allocated across a vast spectrum of needs such as flood and wildfire prevention, resilient agriculture, clean water supply, infrastructure modification, and population resettlement. We therefore believe that climate adaptation - helping people, animals, and plants to survive despite rising climate volatility - should be an equally urgent priority. ![]() Carbon offsets, for example, have yet to demonstrate meaningful impact on the atmosphere, and, at present, worldwide carbon sequestration efforts reportedly only remove 1% of annual global emissions. However, while essential, these efforts merely prevent a worse future rather than addressing the inevitable consequences of the damage already baked in. Companies around the world are increasingly committing to climate change mitigation, pledging to reduce carbon emissions and water consumption across their operations and supply chains in an effort to slow the pace of global warming and better protect environmental ecosystems. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |