Today we’re pleased to publish our G7 Progress Report for the Adaptation & Resilience Investors Collaborative. Ahead of the G7 meetings in Germany next week, the report outlines the Collaborative’s progress to date and looks ahead to its planned activities over the remainder of 2022.
In developing and emerging countries threatened by the climate emergency, there is a pressing need to accelerate the adaptation and resilience of sectors, communities and businesses to the effects of climate change.
The Adaptation & Resilience Investors Collaborative is a partnership of development finance organisations formed in 2020 to accelerate and scale up private investment in climate adaptation and resilience in developing economies. In May 2020, the G7 development finance institutions members of the group put forward a set of ambitious actions to the G7. Since then, progress has included:
- Ongoing work to review existing and potential approaches for tracking and measuring the impact of adaptation finance
- Ongoing work to develop standardised metrics for assessing impact, and development of guidance for physical climate risk identification, assessment, and management
- Several Collaborative members have announced initiatives that focus on building a bankable pipeline of adaptation and resilience investment and on advancing support for public-private collaboration
You can read the full progress report here.
