Investing in climate adaptation can spur trillions in benefits – report

According to a report released by the International Social Commission on Tuesday, investing $ 1.8 trillion between 2020 and 2030 to help communities adapt to the worsening impacts of the climate crisis could bring about $ 7.1 trillion in economic benefits.

This report has been prepared by the Global Climate Change Adaptation Council. Former UN Secretary-General, Ban Gates, Bank President, World Bank Governor Crisalina Georgieva, led by former Prime Minister Chrisalina Georgieva, said the UN Climate, held in New York on September 23, "To Increase Climate Visibility" Adaptation to the global agenda ahead of the UN Climate Action Summit.

The Commission urges governments to invest more in climate change adaptation, because it does not occur at the speed and scale needed to address the worsening impacts of climate change adaptation. Said to be diverse. .

In his statement, Mr. Ban said, “Adaptation is not only the right thing to do, but the smart thing you can do to promote economic growth and create a climate resilient world.”

The report highlights five areas that require the most urgent investment: early warning systems, climate resilient infrastructure, water resources, dry farmland, and mangrove protection.

Together with his wife Melinda, Chairman of the Gates Foundation, centered on international development, said millions of small farmers and their families in developing countries are most vulnerable to extreme temperature and rainfall changes, lowering crop yields.

"With greater support for innovation, we can open new opportunities and make a difference in the global ecosystem."

The report said that climate adaptation provides a "triple dividend" by avoiding future losses, inducing innovation and providing social and environmental benefits.

Source: Reuters