2. Agenda
1) The benefits of disclosure for progressing adaptation action by Chris Thorpe, States and Regions Lead, CDP 2) Key findings of the Report by Joan França, Project Manager RegionsAdapt and Sara Kupka, Junior Policy Officer nrg4SD 3) Questions and answers

4. The benefits of disclosure for progressing adaptation action

5. Benefiting from disclosure
Disclosure importance for adaptation action;
Adaptation insights from across our disclosing organizations; and,
Why state, regional and provincial governments are so important in adapting to climate change.

6. CDP Introduction to CDP
International not-for-profit that provides the global disclosure system for companies, cities, states & regions and investors.
System used by over 100 states & regions, 500 cities and 5,500 companies and engaged with by over 800 investors.
Investors & companies
Cities, states & regions
UNFCC, Bloomberg
Research (C40, nrg4SD…)
Academics
CDP
National governments

7. Importance of disclosure?
Internal management process and team engagement;
Transparent annual framework for accountability; and,
Learning and knowledge exchange system for adaptation.
Request for information
CDP Action
Establish policies and take action
Answer formulation and submission
Regional Reaction
Feedback

8. 2. Adaptation insights – Cities
Responses of over 100 cities and companies analyzed.
Cities recognize climate change threats to business.
Cities and businesses are aligned in their recognition of climate change risks.
City adaptation actions contribute to business resilience.

9. Cities are responding and adapting to certain company percieved risks
Cities are responding and adapting to certain company percieved risks. Read full report.

10. Adaptation insights – Companies
Two key factors drive company adaptation: risk and opportunity.
Companies adapt to mitigate their exposure to the physical, political and reputational risks linked to climate change.
Companies exploit opportunities to reduce costs (both direct and indirect), open new revenue streams, or acquire first mover advantage.
Percentage of Global 500 companies that identify the 3 areas of climate change risk
84%
83%
77%

11. Adaptation insights – Companies
Companies adapt to climate change in a variety
of ways. The three most popular actions are to:
Set targets and goals to reduce their direct exposure and indirect exposure through supply chain to climate change risk;
Engage with policy makers to align their operations with state regulation and understand political climate; and,
Develop new products that exploit opportunities that result from climate change

12. Adaptation insights – Companies
Companies set goals to reduce their risk exposure, including engaging with policy makers, their suppliers, their customers and the local community.

13. 3. State and regional government importance
States and regions are experiencing high levels of climate risks across jurisdictions;
States and regions have regulatory and legislative powers but political will is crucial for action; and,
100 regions
States and regions participating in RegionsAdapt will raise this thematic area across the globe.
533 cities
5,800 companies

14. Key findings of the report

15. Physical risks

16. Physical risks – Adaptation actions
67% of disclosing governments established an adaptation plan
155 adaptation actions identified

17. Physical risks – Droughts: More frequent and more intense
13 regions reported more frequent and/ or more intense droughts as a physical risk from climate change;
Almost 20 different adaptation actions.

18. Physical risks – More extreme rainfall events
10 regions reported more extreme rainfall events as a physical risk from climate change;
14 adaptation actions identified.

19. Physical risks – Warmer conditions: Heat waves, more hot days and hotter summers
12 regions reported warmer conditions as a physical risk from climate change;
33 adaptation actions identified.

20. 19 foresee substantiverisks to water supply
Water supply risks
Interlinkages between WATER, climate change and sustainable development...
Substantive risks to water supply
(% of governments reporting each risk)
19 foresee substantiverisks to water supply
23 GOVERNMENTS
REPORTED

21. 23 14 OUT OF19 19 foresee substantive risks to water supply
GOVERNMENTS
REPORTED
predict increased water stress or scarcity (73.7%)
14 OUT OF19
#13 serious or extremely serious
#11 current, short or medium-term
AMONG THESE 14

22. Water supply risks
Adaptation actions to reduce the risk of water supply

23. Socio-economic risks Regions facing social risks
as a result of climate change
Climate change as a threat
to business
Increased risk to already vulnerable population

24. 10 adaptation recommendations
Vulnerability assessments
Engage your national government
Strategic approach to adaptation
Integrate climate change and adaptation as a cross-cutting topic
Take concrete action
Exchange and learn from other regions
Foster citizen and community engagement
Mobilize finance
Build lasting relationships with your regional industries
Report data

25. Download the full report under the following link:
More information:

26. Questions and answers

27. Thank you! More information: www.nrg4sd.org/regionsadapt