the mif blog

Stories of inspiring entrepreneurs and organizations, discussion and commentary of new trends in private sector development, and the latest events and publications.

Financial Innovation in Climate Resilience at Proadapt Conference

Por Steve Wilson

The financial sector is undergoing a transformation in the area of climate finance.  Despite rapid change in technologies, policies and relative fossil fuel prices, markets are now able to identify and assess financially attractive projects in energy efficiency and renewable energy. Climate resilience, on the other hand, confronts investors with major uncertainties regarding the timing and magnitude of climate-related damages that complicate financial calculations and risk management practices.

Conferencia de FOMIN sobre resiliencia del sector privado al cambio climático en Mayo de 2016

Por Steve Wilson

Nos complace anunciar que el FOMIN, con el apoyo del Fondo Nórdico de Desarrollo, está patrocinando la próxima conferencia Desafíos y Oportunidades para la Resiliencia Climática del Sector Privado, en Colombia, entre el 25-27 de mayo de 2016, durante la cual se discutirán los desafíos comunes y las oportunidades concretas que presenta el cambio climático. 

Climate Resilience and Value Chains

Por Steve Wilson

An increasing number of the world’s largest companies are recognizing their vulnerability to climate change and are acting to improve the climate resilience of their firms and value chains.  In addition, companies are beginning to see business opportunities related to the need for greater climate resilience.  

A recent publication of the Partnership for Resilience and Environmental Preparedness (PREP), “Value Chain Climate Resilience: A Guide to Managing Climate Impacts in Companies and Communities,” outlines a “value chain approach” to building climate resilience in firms and local communities. The PREP group is comprised of large global companies with extended value chains or with a compelling business interest in value chains, such as the reinsurance industry. Many of the firms in their value chains are small companies. The report was prepared by Acclimatise, Oxfam America, and BSR, on behalf of PREP members.  

Connecting the Dots: Climate Change, Extreme Weather and the Imperative for Climate Resilience

Por Steve Wilson

The great majority of climate scientists have avoided linking specific extreme weather events to global climate change. A typical disclaimer goes something like this: “We must emphasize that one cannot attribute the cause of any specific weather event, such as a heat wave, drought or other occurrence to global climate change.”

This convention may be changing.

Lessons from Climate Change Adaptation Strategies

Por Steve Wilson

As Carmen Lacambra noted in her previous post, there are a growing number of enterprises in various sectors implementing adaptation strategies in Latin America.  Indeed, the private sector everywhere is undertaking increasing action in response to the demands of climate change.

But for the great majority of companies, these actions are not described as “climate adaptation” or “climate resilience,” but simply as a part of the “doing business.” This is changing.