The McKinsey Podcast Special episode: Climate adaptation is one key theme at COP 29
Nov 14, 2024
At the UN climate change conference in Baku, discussion centers on the urgent need for climate adaptation. Experts emphasize how adaptation complements existing mitigation efforts. Current strategies from various nations reveal diverse approaches to climate resilience. There's a strong call for improved dialogue and financing to tackle escalating climate risks effectively. The importance of collaboration in achieving these goals is highlighted as a fundamental theme.
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Climate Adaptation at COP29
- Climate adaptation is a key theme at COP29, alongside mitigation.
- This signifies a growing recognition of the need to address both present and future climate impacts.
Real-World Impacts of Climate Change
- Recent extreme weather events like floods and hurricanes in various locations underscore the urgent need for climate adaptation.
- These events have brought the topic into real-world focus.
Current State of Adaptation
- Many countries and companies are in the early stages of developing and implementing climate adaptation plans.
- They are still figuring out practical application and cost estimations.