Strategic Focus: Addressing Climate Adaptation In Transition Plans
13 Mar, 2024
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Executive Summary
Climate transition plans have historically focused on climate mitigation and achieving net zero. However, these plans should also address physical risk reduction and climate adaptation. Taking a more integrated approach makes a transition plan – and overall business strategy – more resilient to climate risks. With intensifying physical climate impacts, adaptation is growing in importance; the transition planning process creates an opportunity to jumpstart planning around this.
Integrating transition plans and adaptation improves climate strategy
Physical climate risks threaten transition plan success
Businesses can use transition planning to advance adaptation
Physical climate risks threaten transition plan success
Businesses can use transition planning to advance adaptation
Figure 1. Benefits and caveats of sample adaptation investments
About the Authors
Emma Cutler
Principal Analyst
Emma is a Principal Analyst at Verdantix, with a current research agenda focusing on solutions for climate risk management. She has a background in simulation and statistical …
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Ryan Skinner
Research Director
Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc…
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