Climate change affects us all. It affects human security, food security, water security, energy security and personal security. Climate change challenges society and creates opportunities at the same time. The Paris Agreement calls for a balance between adaptation and mitigation finance.
The cost of adapting to climate change in developing countries could rise to between $280 and $500 billion per year by 2050, a figure that is four to five times times greater than previous estimates, according to a United Nations Environment (UNEP) report.
CMIA contributes to the debate as to best practices for adaptation, mitigation and market mechanisms. Our policy papers, statements and submissions are forged and promoted through our Forums. These Working Groups engage with governments and key target audiences to ensure that CMIA’s voice is heard in national and international policy-making circles. We have active Forums on issues of highest priority to our members, chaired by industry experts taken from among our member companies:
Our members actively engage on issues concerning climate investment and market mechanisms from working with the Green Climate Fund to global market based measures. We concentrate on financial instruments and policy initiatives necessary to mobilise the massive scale of public and private investment necessary for mitigation and adaptation measures.