Climate Finance, Business and Community: The Benefits of Co-operation on Adaptation

Publisher
Acclimatise and Synergy
Publication date
September 2008
Type
Papers/Notes
Industry
Finance
Category
Environment/Climate Change
Stakeholder Engagement
Managing Corporate Responsibility
SRI/Sustainable Finance
Discipline
Finance
Operations Management
Environmental Management
Language
English
Free/Pay for content
Free
 

This paper is the result of discussions and  collaboration between the UK Department for International Development (DFID), Barclays, HSBC and Forum for the Future.

This report suggests reasons and tools for the private sector to act, particularly in developing countries, to limit the impact of climate change. Reasons to act are clear. Mining and drinks companies will face more erratic water supplies. Food companies will see increasingly drought and flood affecting crops. Infrastructure will be threatened by sea-level rise and floods. But there will also be opportunities to develop new ideas, whether for drought resistant crops or improved ways of saving water. This report shows how the private sector can plan ahead for these problems and seize such opportunities. And it illustrates that businesses will be most successful if they do this in partnership with developing country governments and people.