This white paper presents a blueprint for the development of a climate resilience classification framework (hereafter referred to as the climate resilience framework or “the Framework”), with the primary objective of promoting and facilitating the much-needed investment in climate resilience through capital markets.
According to the Sixth Assessment Report published by the Intergovernmental Panel on Climate Change (IPCC), approximately 3.3–3.6 billion people live in settings that are highly vulnerable to climate change, as ecosystems and people are becoming increasingly exposed to severe climate hazards.
