Main report, publication 1 of 5:
This report examines the current state of business engagement on climate change adaptation in South and Southeast Asia and indentifies key barriers to greater private sector involvement. It aims to initiate a discussion on the business case for adapting to ong-term climate change impacts and the need to improve incentives for action. The report links climate change adaptation to development and outlines ways that businesses can build on existing CSR practices to address adaptation needs in the region’s most vulnerable communities.
The report is aimed at a diverse audience. Business in particular will find this report useful in gaining a better understanding of adaptation needs in South and Southeast Asia as well as opportunities for engagement that make good business sense and meets adaptation needs. The report also considers direct business risks from climate change and how to best address these. Public and civil society actors will gain insights on the key barriers impeding business engagement on adaptation and develop a better understanding of why business engagement on climate change adaptation has been limited. The report discusses why the business case for engaging in adaptation is perceived as weak, and identifies potential paths to promoting and incentivising more business engagement. Awareness, education, dialogue, engagement, and better approaches to strategic partnerships are some of the recommendations to overcome barriers to business involvement.
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