GCAP Blog

At the core of the Private Markets for Climate Resilience (PMCR) project is an enterprise-oriented market approach focused on the identification of climate resilience-enhancing products and services provided by the private sector. National teams across 6 countries have documented businesses and investments across 13 sectors, identifying knowledge services, innovative technologies, and pioneering approaches to data management, and good practices.

This is part of a series of short articles from the national teams intended to share with the broader PROADAPT audience their unique perspectives on both the challenges and opportunities confronting businesses in the face of climate change. (repost via PROADAPT)

Last year, we posted a series of audio-blogs outlining the key events of the 22nd Conference of the Parties as they unfolded. To continue with our tradition, we are commemorating the start of the UNFCCC’s COP23 with thoughts from GCAP CEO Tom Downing!

In recent weeks, Harvey, Irma, Jose, and Maria have generated heartbreaking images of widespread destruction, bringing into sharp focus the devastating power of nature and man’s tenuous place in the world. While the global call to combat climate change gains momentum, the visual record of these storms’ impacts on communities fosters a visceral and profound sense of urgency.

Steven Wilson was at the Wilson Center representing ProAdapt (which funds one of our major projects). The seminar highlighted that sustainable business might create $12 trillion in revenue by 2030. How large is the market for private sector products and services for climate resilience? This is the quite open question we are working on.