Watch the conversation
An IMF-World Bank week event at the Atlantic Council
Climate adaptation is vastly under-financed. This poses systemic risks to economic stability, especially for the most climate-vulnerable countries. Currently, less than 5 percent of international climate finance flows go towards adaptation and resilience. Of this sum, only 2 percent came from the private sector.
The private sector can drive transformational climate resilience progress. When public finance concurrently unlocks capital markets, the positive potential for change increases dramatically. It’s estimated that meeting adaptation and resilience financing needs could add USD 7 trillion to the economy by 2030. As adaptation and resilience work becomes increasingly urgent, insurers, banks, and investors worldwide are recognizing the risks of inaction as well as the emerging opportunities and benefits of adaptation and resilience.
This event will consider how to put adaptation finance at the heart of the global agenda. Register now to join the conversation and hear from leading climate finance experts.
Learn about the Call for Collaboration
At COP28 in Dubai, Arsht-Rock and its partners launched the Call for Collaboration. The Call is an invitation to governments to mobilize private finance for adaptation and resilience.
Speaker list
Opening Remarks:
- Adrienne Arsht, Founder, Adrienne Arsht Latin America Center, Founder, Adrienne Arsht-Rockefeller Foundation Resilience Center, Executive Vice Chair, Atlantic Council Chairman Emerita, TotalBank
Moderator:
- Jorge Gastelumendi, Interim Director, Adrienne Arsht-Rockefeller Foundation Resilience Center, Atlantic Council
Framing:
- Jean-Baptiste Tricot, Member of IDF Operating Committee and Co-Chair of IDF Infrastructure Task Force (ITF)
High-Level Discussion:
- Dr. Mahmoud Mohieldin, UN Special Envoy for Financing the 2030 Agenda for Sustainable Development
- Michel Liès, Chair of the Insurance Development Forum (IDF) Steering Committee, Chairman Zurich Insurance Group
- Maria Netto, Executive Director, Institute for Climate and Society
- Barbara Buchner, Global Managing Director, Climate Policy Initiative
Closing Remarks
- Marcia Toledo Sotillo, Director Adaptation and Resilience, Climate Champions Team
Event organized in partnership with:
