Climate and disaster risk screening – A building block for Paris Alignment
Climate change-induced disasters are increasing in frequency and intensity and pose a growing threat to development, with communities and infrastructure increasingly vulnerable. Risk screening is a key step in the process of adapting to climate change and building resilience to shocks.
Making history: Eighteen countries align to partner with the private sector for improved disaster management in Asia and the Pacific
The private sector, as a first responder and development actor, is critical to bridge the divide between humanitarian and development approaches in the context of disaster management. A key takeaway of the regional workshop for Asia and the Pacific organized by the Connecting Business initiative (CBi), a joint programme supported by the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) and the United Nations Development Programme (UNDP).
Beyond climate mitigation: the Pakistan floods showed there’s no turning back
33 million people were affected by the devastating floods in Pakistan in 2022, but this was just one of many recent climate tragedies. Pakistan is the eighth most vulnerable country to climate change in the world. Yet, while the country remains one of the most vulnerable, its impact on global emissions accounts for less than 1%.
How these 7 cities are tackling heatwaves with innovative solutions
Heatwaves are making cities some of the hottest places to be. City infrastructure – like roads and buildings – absorbs heat and then releases it back into the city. Almost 90 cities issued heat alerts in the extreme weather over the summer of 2022, according to the United Nations Environment Programme. But cities are learning to tackle extreme heat – sometimes with ingenious solutions.
Asia and the Pacific unprepared to face climate-induced catastrophes, warns new UN study
Findings in the Race to Net Zero: Accelerating Climate Action in Asia and the Pacific report reveal that countries in the region lack the sizeable financial means to support adaptation and mitigation efforts and the data necessary to inform climate action.
How climate scenarios can help investors build portfolio resilience
As long-term investors, we recognize the material impact of climate change on investment portfolios. Yet, the process of determining the right strategy to increase portfolio resilience to climate change is not straightforward. Uncertainty over how climate risks evolve and their implications for macroeconomic and market conditions complicate the picture.