A report entitled Adapt Now: A Global Call for Leadership on Climate Resilience released today by the Global Commission on Adaptation begins the ‘year-of-action’. This report calls for a revolution in understanding, planning, and finance to make climate risks visible, and incorporate these risks into all decisions. Further, it calls for political leadership to shake people out of their collective slumber. 

The report is commissioned by members such as Ban Ki-moon, the Secretary General of the United Nations, Bill Gates, Co-chair of the Bill and Melinda Gates Foundation, and Kristalina Georgieva, CEO of the World Bank. ACT is proud to have contributed to Canada‚Äôs input to this report. Canada is one of the convening countries sharing the Commission’s goal of catalyzing global adaptation solutions around the world.

The report specifically finds that investing $1.8 trillion globally in five areas from 2020-2030 could generate $7.1 trillion in total net benefits. Essentially, failing to seize the economic benefits of climate adaptation undermines trillions of dollars of potential growth and prosperity. The five areas considered for this estimate are early warning systems, climate-resilient infrastructure, improved dryland agriculture crop production, global mangrove protection, and investments in making water resources more resilient.

Read the full report here.