Investing in Climate Change Adaptation Can Generate More Than USD 7.1 Trillion in Net Benefits

Geography: Global
Sector: Climate Adaptation

Read More: Climate adaptation in COVID19 recovery

The World Resources Institute reports that the rate of return of climate adaptation investments ranges from 2:1 to 10:1. The investments considered in the simulation include strengthening early warning systems, making new infrastructure climate resilient, improving dryland agriculture for crop production, protecting mangroves, and making water resources more resilient. These five investment areas alone can generate up to USD 7.1 trillion in net benefits. The authors highlight that failing to include climate adaptation in the current stimulus and recovery strategies will come back to haunt us with a double burden: a failure to make economies and societies more resilient to future shocks and even more fiscal restraints than there are today.