Building Climate Resilience in Southeast Asia
BSRBusiness and society in Southeast Asia face unprecedented risks caused by climate change. Warming temperatures, sea-level rise, extreme weather events that are more frequent or intense, and threats to ecosystem services can affect the private sector significantly. Businesses that fail to understand and manage climate change are exposed to a range of risks that could impact strategy, finance, operations, human resources, compliance, and sales and marketing.
There is growing momentum among businesses to reduce emissions, but those businesses have not evidenced similar effort to build resilience to climate impacts. The private sector must pursue efforts to enhance climate resilience with urgency and ambition. This report focuses on what is necessary to increase adaptive capacity and aims to catalyze private sector action in Southeast Asia by demonstrating the business case for building climate resilience.