Introduction In 2008, International Finance Corporation (IFC), a private sector arm of the World Bank Group, initiated its Climate Risk and Adaptation Program1 with a series of assessments of risks posed by climate change to private sector investments. The Program’s overall goal is to develop sector-specific tools and methodologies that allow assessment of fi nancial, environmental and social risks and opportunities resulting from the impact of climate change, and evaluation of appropriate adaptation responses. The studies’ focus is private-sector investments but with a signifi cant emphasis on the cooperation and synergies with the public sector, research institutions, and civil society.
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)