A new report by Japan’s Ministry of Economy, Trade and Industry (METI) showcases private sector involvement in climate change adaptation activities. As the world has faced increasing extreme weather events and natural disasters that are impacting lives and livelihoods, adaptation measures have become critical to reducing these impacts and preparing for risks. METI underscores that the engagement of the private sector in adaptation activities is also necessary for its own sustainable growth, and has increasingly promoted private sector participation in adaptation activities overseas. This report showcases a set of good adaptation practices as exemplified by Japanese companies in developing countries across a range of sectors. Each good practice is categorized into one or more of seven promising areas in which private companies are making international contributions in the field of adaptation: resilient infrastructure against natural disasters, sustainable energy supply, food security and strengthening food productive base, health and sanitation, climate monitoring and early warning, secure resources and sustainable water supply, and climate change finance. The practices are also linked to relevant SDGs.
To read the report, visit here.