• 10-DEC-2010

Adaptation to Climate Change not for the Public Sector to Solve Alone, According to New PwC Study

PricewaterhouseCoopers HQ, London
A new study by PwC reveals that adapting to climate change is no longer an issue for governments to resolve alone and business can play a valuable role in advising on what policies would encourage action by the private sector. The study, supported by the United Nations Framework Convention on Climate Change (UNFCCC), the World Business Council for Sustainable Development and the UK Department for International Development presents the views of over 40 businesses, from major multinationals to local enterprises in developed and developing countries, on adaptation to climate change. It concludes that business has an important role to play in adaptation, and that better engagement of business is needed in the policy-shaping process to harness this, also providing know how, solutions and resources to the adaptation challenge. This ranges from climate risk assessment, to designing and deploying new technologies.