MEDIA HIGHLIGHTS – CEBDS
Without adaptation, climate change could cost up to 501 Tbp of global GDP by 2070, a report indicates.
In the One Planet program, a report details the study "The emergence of the adaptation economy," conducted by Morphosis Solutions in partnership with FGVces, Instituto Itaúsa, Paulson Institute, and Basilinna, which states that without an ambitious adaptation response, losses could reach 20% of global GDP in 2050 and 50% in 2070.
Development banks expand funding to states and municipalities for climate adaptation.
An article from Um Só Planeta shows how development banks are gaining ground in financing Brazilian states and municipalities for climate adaptation. BNDES has expanded the resources of the Climate Fund for adaptation projects, and the federal government plans to train 581 municipalities.
