Adaptation to climate change in Brazil: The role of private investment

Abstract

Given the intensifying effects of climate change, and limitations of mitigation strategies to address them, the issue of adaptation has become increasingly important. This article presents some results of an extensive research that mapped the initiatives and projects implemented by the public sector, by nongovernmental organizations and the private sector in all sectors of economic activity in all regions of the country, analyzing in particular the fate of the investments of private financial system. It sets out the main vectors of adaptation projects, concluding that the binomial water-climate concentrates most of the financing of this sector, and that the challenges require coordination between finance, government and academia.