3.2.3 Breaking barriers to scaling-up adaptation: innovative solutions for finance, technology, analytics, and governance (UNU-EHS, UNDRR, MCII)

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Boosting effective adaptation actions relies on a constellation of factors falling into place. Limited access to finance, technical expertise, data and information, and institutional and regulatory backing make public and private investments in resilience unattractive and slow down progress. In response, national governments and the international community need to advance parallel solutions that simplify efforts in every stage of the iterative adaptation cycle, including assessment, planning, implementation, and monitoring, evaluation, and learning. This session will explore established and newly developed solutions that can be used to improve the enabling environment for adaptation globally. Examples will be presented in the fields of Climate Disaster Risk Finance and Insurance (CDRFI), technology infrastructure, analytics frameworks to assess and address risk, and governmental frameworks for vertical integration. The panelists will discuss barriers and opportunities for governments to adopt these solutions and comprehensively enhance the environment for adaptation. Finally, the session will link the importance of addressing enabling environments with ongoing global processes, including the global goal on adaptation and the global stocktake, and discuss its value for minimizing and addressing loss and damage.

Links to the presentations:

1. MCII: Breaking barriers to scaling-up adaptation: innovative solutions for finance, technology, analytics, and governance

2. UNDRR: Scaling up Adaptation Action: Governance

3. UNU-EHS: Breaking barriers to scaling-up adaptation: innovative solutions for finance, technology, analytics, and governance

4. High-Level-Champions: Scaling up adaptation solutions, delivering system transformation and addressing barriers

Location: Valle de Colchagua Date: March 29, 2023 Time: 11:00 am - 12:30 pm