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Climate

Increasing Financial Sector Investment and Support for Climate Resilience and Adaptation

As climate change accelerates, the need for greater financial sector investment and support for climate resilience and adaptation (A&R) is becoming increasingly urgent. While climate finance has traditionally focused on mitigation, primarily through reducing greenhouse gas emissions, recent developments underscore the critical importance of adaptation in securing social, economic, and environmental stability. Why Climate Resilience and Adaptation Matter Climate adaptation investments aim to reduce the economic and social impacts of climate change, including more frequent extreme weather events, population displacement, and infrastructure damage. According to the World Meteorological Organization, extreme weather events have increased fivefold since the 1970s, underscoring the…

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Achieving Net Zero Goals – Time to Focus on the Human Capital Challenge

While there is currently a lot of attention focused on the financial capital required to transition to a net zero, low-carbon economy, there has been far less focus on the human capital skills and development needed and this may in fact be the most important challenge facing us when it comes to achieving net zero. Key human capital deficiencies that we currently face include: Addressing the skills gap – The numbers are challenging. In the energy sector alone, the International Energy Agency projected in its seminal report, Net Zero by 2050: A Roadmap for the Global Energy Sector, that the…

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