Newsletter: Business Opportunities in Climate Adaptation 

 

 

News and analysis on climate change adaptation.


Four Twenty Seven Climate Solutions

From the Desk of Emilie Mazzacurati

The private sector needs to pay more attention to climate adaptation. Too often, companies see climate adaptation as a responsibility that befalls exclusively to national and local governments, and governments themselves don’t always know how to engage the private sector in adaptation efforts.

Yet a growing number of thought-leaders in the public and private sector now view business engagement into adaptation effort as critical to social and economic welfare. Just in the past months, several U.S. and international agencies have issued calls and guidance to foster greater commitment and more explicit action from large corporations towards responsible corporate adaptation. We highlight below the U.S. EPA Climate Leadership Awards, the recent call to action from Caring for Climate and the United Nations Global Compact, as well as the “NAZCA” portal launched by the UNFCCC for businesses to publicize their accomplishments in support of the Paris agreement.

But climate adaptation goes well beyond preparedness and risk management. The world needs business ingenuity to provide new technology, new knowledge, new data systems, and new financial instruments to support adaptation efforts. Climate adaptation presents vast business opportunities for smart-thinking companies, and opportunities to weld together economic growth and social change. View our video from the Proadapt conference on Challenges and Opportunities for Private Sector Climate Resilience to learn more.

Now is the time to start thinking about what climate change means for your business – how you can prepare, engage, and help develop market solutions for greater economic and social resilience. Take the next step with us.


Emilie Mazzacurati, Founder and CEO

Caring For Climate calls for
Corporate Adaptation Leaders

 

Caring for Climate, an initiative from the UN Global Compact, UN Environmental Program, and the UNFCCC recently released a call to corporate adaptation leaders to take on concrete action to adapt to climate change. The recommendations, Commit to Responsible Corporate Adaptation, identify several benefits and four concrete actions for businesses to take:

  • Implement a comprehensive climate risk assessment to identify how climate change will impact the company through its entire value chain;
  • Integrate into core business strategies and operations corporate adaptation goals that also address community risks;
  • Engage with policymakers and relevant stakeholders to support national or local adaptation planning and implementation, particularly in the areas where the company or its suppliers operate;
  • Disclose climate risk information considered material by the company and communicate annually on the three elements above in public corporate reports.

The recommendations build on the Caring for Climate report, The Business Case for Corporate Adaptation, authored by Four Twenty Seven, which explores the business case for responsible corporate adaptation to climate change.

The Business Case for
Responsible Corporate Adaptation

The Business Case for Responsible Corporate Adaptation: Strengthening Private Sector and Community Resilience explores the business case for responsible corporate adaptation to climate change. It provides a conceptual framework and tools, supported by a series of in-depth case studies of companies taking the lead in building resilience and adaptation strategies.

Responsible corporate adaptation encompasses the strategies, actions, and partnerships through which businesses adapt to climate impacts and at the same time create shared resilience benefits for the communities and ecosystems where they operate. The report shows that when companies take action to support and empower the communities they depend on, they also reap the benefits.

The report provides a conceptual framework and tools, supported by a series of in-depth case studies of companies taking the lead in building resilience and adaptation strategies.

Read the report

Video: A Strategic View of Private Climate Resilience – Trends and Opportunities.

 

PROADAPT/PANEL 5 A Strategic View of Private Climate Resilience

Four Twenty Seven CEO Emilie Mazzacurati participated in the Proadapt Conference “The Challenge and Opportunity of Private Sector Climate Resilience” in Cartagena, Colombia, May 25-27. The panel, A Strategic View of Private Climate Resilience, also included Joyce Coffee, Climate Resilience Consulting; Eric Kaufman, Welbilt Realty Partners; and Dale Sands, AECOM.
Watch the panel recording

U.S. EPA Climate Leadership Awards

The Environmental Protection Agency and the Climate Leadership Conference released its call for applications for the Climate Leadership Awards, open through Sept. 26, 2016. Awards will be given at the Climate Leadership Conference in Chicago, March 1-3, 2017. New for the 2017 awards is the consideration of adaptation and resilience projects for the Innovative Partnership Certificate – recognizing organizations working together to go beyond their individual missions.

Accelerating Climate Action: Business Support for the Paris Agreement

The UNFCCC launched the Non-State Actor Zone for Climate Action (NAZCA) portal, which registers actions taken by companies, cities, and other institutions worldwide to address climate change. The NAZCA site is easily searchable and browsable, providing the ability to see corporate adaptation actions, such as Anheuser Busch InBev working to reduce water risks and improve water management in all of their key barley-growing regions. Similarly, Johnson & Johnson reduced their water withdrawals by 10% from 2010 to 2015, prioritizing water stressed areas.

Visit the portal

Meet the Team: Alejandra Calzada

Alejandra CalzadaWe’re glad to introduce the latest addition to our team: Alejandra Calzada. Alejandra joins as a Senior Analyst.

At Four Twenty Seven, Alejandra is a policy researcher and focuses on corporate climate resilience, international adaptation finance, and climate risk disclosures.

Learn more about Alejandra’s expertise

We’re Hiring! Join Our Growing Team

We are excited to announce our search for highly-qualified and motivated professionals for a Senior Climate Risk Analyst position, and other positions in climate modeling and financial engineering. We are also accepting resume submission on a rolling basis to join our pool of international climate change adaptation experts.

View the job postings and apply to join our team

Upcoming Events

Join our team in the field at these upcoming events:
  • September 7-8: California Adaptation Forum (CAF), Long Beach, CA – find CEO Emilie Mazzacurati, Director of Advisory Yoon Kim, Director of Community Adaptation Aleka Seville and Kendall Starkman at the Four Twenty Seven booth.
  • September 12-14: Carolinas Climate Resilience Conference, Charlotte, NC – Kendall Starkman will present on innovative mechanisms for resilience finance.
  • September 13-16: SOCAP16, San Francisco, CA – meet with Chief Strategy Officer Camille LeBlanc.
  • September 20: Sustainable Investment Forum, New York City, NY – meet with CEO Emilie Mazzacurati and CSO Camille LeBlanc
  • September 20-22: Climate Knowledge Brokers Workshop, Golden, CO – Director of Analytics Nik Steinberg will lead a workshop on climate health modeling.
  • October 5-7:Great Lakes Adaptation Forum, Ann Arbor, MI – Meet Yoon Kim and Kendall Starkman at the Four Twenty Seven booth

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