Investing in climate resilience and adaptation is an unavoidable opportunity. Globally, companies are already innovating on products and services that will make communities, business, and nations more resilient to climate change. As businesses respond to demands in the market with their products and services, private sector investors can support their innovation and growth. How do investors identify the unavoidable opportunity for their portfolios? How do public sector organizations like DFIs mitigate risk for private sector investors through blended finance vehicles and investment guarantees? Since climate adaptation and resilience is a lens not a sector, and pans every region and sector, how do we create consistency in impact frameworks? And how do we strengthen and meet the financial needs of pipeline companies? 

This side event will adopt the World Café format, providing an interactive, engaging and collaborative platform to discuss key questions aimed at stimulating private sector engagement in climate adaptation. The event will consist of roundtable discussions, each dedicated to one of the key themes of CAIL’s Communities of Practice. Participants will be divided into small focus groups, with each group seated at a different table. Each Community lead will introduce the key questions and act as a facilitator, allowing participants to share insights, experiences, and lessons learned. The facilitators will moderate the discussions and take note of the key discussion points. After the roundtable discussions, the facilitators will present a summary of the main takeaways, fostering reflection on the overall insights shared. A knowledge product will be produced to capture the discussions and published on the CAIL website. 

This side event will emphasize the urgent need for collaborative action to promote energy-efficient and climate-friendly cooling solutions with key stakeholders. It will feature a presentation from the Multilateral Fund (MLF) followed by an interactive panel discussion. The panel discussions will focus on the challenges and opportunities in implementing energy efficiency policies and standards, international experiences on the improvement of energy efficiency in the cooling industry, and case study in a manufacturing company. This event will serve as a platform to showcase the pivotal role of the UNIDO in assisting developing countries to achieve their energy efficiency goals, and foster knowledge sharing among stakeholders to accelerate the transition to sustainable cooling.   

UNIDO and partners will share key learnings gained from successes and challenges in driving innovative solutions that build climate resilience in communities. These adaptation solutions can empower communities to boost competitiveness of local value chains, and improve livelihoods in a changing climate. Join us for this strategic dialogue to explore on how UNIDO and its partners can further strengthen interventions to foster climate-resilient growth in vulnerable regions.

Centered on Locally Led Adaptation (LLA) principles, this dialogue will explore how to identify and deploy innovative, affordable adaptation solutions that strengthen climate resilience in food, water, and energy sectors.