Adaptation and resilience is a big theme at COP27.
However, private sector has been typically
overlooked in the adaptation debate.
While these days we realize that due to increasing consequences of climate
change and companies assets and business models, companies really need to act.
So number one, they need to analyze the physical risks that are impacting them.
Number two, they really need to understand
what is the economic impact on their assets, on their business model.
And number three, they need to come up with
proper adaptation and/or resilience strategies.