Investing in Technologies for Adaptation and Resilience in Asia

By 2030, its estimated that annual climate adaptation finance needs will cost between USD27-208 billion in East Asia & the Pacific and USD23-177 billion in South Asia. Last year alone, the region recorded highest temperatures on record and experienced devastating climate driven disasters from flooding and droughts in China, extreme flooding in Pakistan that impacted more than 1/3 of the country. These impacts are anticipated to cause mass migration and have broad reaching implications for all sectors including agriculture, health, commerce, transportation, governance, and finance.

Technologies will play a key role in building up and bolstering the resilience of these sectors and requires immediate increased investment in order to meet the growing challenge of climate impacts. Companies across the region are at the forefront of fighting climate change and responding to these climate impacts and represent a growing opportunity for investments from both the public and private sectors.