WORLD ECONOMIC FORUM ANNUAL MEETING
High-Level Business Dialogue on Climate Adaptation and Resilience
Event description
2023 has been declared the hottest year ever recorded, and 2024 is likely to be worse. Even if global warming stays within 1.5°C the need for adaptation to the impacts of climate change is enormous. Though businesses are already mobilizing to find and scale solutions for the energy transition and climate mitigation, the full potential of private sector innovation and investment has not been realized for adaptation.
Every dollar invested in adaptation leads to returns between 2 and 15 dollars. This session will serve as a strategic exchange between business leaders on how to develop markets for private sector-led solutions to climate adaptation and resilience.