Moves afoot to push more commercial investment into climate adaptation

Moves afoot to push more commercial investment into climate adaptation
The Wairoa River flooded on June 26. (Image: Hawke's Bay Regional Council)
KPMG New Zealand says the country’s barriers to climate adaptation are financial rather than environmental, and It's calling for more commercial investment in resilience. KPMG, Standard Chartered and the United Nations Office for Disaster Risk Reduction (UNDRR) this year published the Guide for Adaptation and Resilience Finance to promote the idea internationally.The organisations called for the use of a diverse range of financial tools to mobilise finance on a large scale for climate adaptation and resilience. That included...

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