British International Investment
18 April 2024

How can investors measure climate change adaptation and resilience impact?

According to the 2023 UN Adaptation Gap Report, the annual climate adaptation financing gap in developing countries is estimated to be $194-366 billion. That’s approximately 10-18 times more than current financing flows. Although investors increasingly recognise the opportunities for investments to address the risks and impacts of climate change, private investment towards adaptation and resilience is still hindered by the lack of clear, practical, and investor-relevant metrics.

In response to these challenges, a new report from the Adaptation and Resilience Investors Collaborative (ARIC) provides a clear, consistent, and robust framework for measuring the impact of investments on climate adaptation and resilience. Designed for development finance institutions, multilateral development banks, and impact investors, the report demonstrates how the metrics framework can be embedded in the investment cycle and outlines a set of impact metrics examples that can be used for individual investments or aggregated across portfolios.

This initial blueprint is based on the work of the ARIC impact metrics working group, which is made up of members from ten development finance institutions. The publication was developed with technical support from Cadlas. By providing a clear methodology for institutions to measure the impact of their investments on climate adaptation and resilience, the group hopes to accelerate understanding of how private investment finance can most effectively support the climate resilience of people, the planet, and the economy.

A webinar presenting the report will take place on 7 May 2024. Register here to learn more.


About the Adaptation & Resilience Investors Collaborative

The Adaptation & Resilience Investors Collaborative (ARIC) is an international partnership of development finance organisations working together to accelerate and scale up private investment in climate adaptation and resilience in developing countries. At BII we’re proud to be one of the founding members of ARIC. UNEP FI was appointed as the Collaborative’s Secretariat in November 2022 and is now running its day-to-day activities and implementing its workplan. Find out more on UNEP FI’s website

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