“By 2025, global assets under management are expected to reach $145 trillion. Why is this crucial for adaptation, particularly for those countries most in need in the Global South?
Because finance is global and this capital can either be deployed in ways that build resilience or undermine it.
A new paper we authored on climate-resilient finance and investment argues that scaling from billions to trillions needed for adaptation globally will also require aligning the trillions of dollars of global public and private financial flows and investment with climate-resilient development.”
Authors
Nicola Ranger
Michael Mullan
