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Global Centre of Excellence on Climate Adaptation launched

GCECA is an initiative by UN Environment, the Government of the Netherlands and Japan’s National Institute for Environmental Studies (NIES), and has formed partnerships with over 50 international organisations, NGOs, governments, financial institutions, knowledge institutions and businesses to jointly accelerate climate adaptation.

GCECA is the world’s most comprehensive global and cross-stakeholder partnership on climate adaptation. All partners are committed to actively contribute, and some do so by funding specific activities.

The Global Centre of Excellence on Climate Adaptation will be accommodated in Rotterdam and Groningen. These two cities have reeled in the Global Centre of Excellence on Climate Adaptation (GCECA) by jointly submitting the most convincing bid.

GCECA will develop thematic groups on selected issues to connect different stakeholders and identify opportunities and gaps in building excellence and accelerating adaptation.

Investors and businesses are becoming increasingly aware of the need to understand and manage the risks associated with climate change.

In order to explore options for addressing these issues, the EBRD and GCECA will organise a conference entitled “Towards a Resilient Financial Sector: Disclosing Physical Climate Risk & Opportunities”, to be held at the EBRD’s London Headquarters on 31 May 2018.

The conference will bring together the financial, technical and policy perspectives to shape market action on climate resilience. The focus will be on improving financial sector awareness of climate risks and their impacts on investments, as well as facilitating the emergence of climate risk and resilience metrics, and identifying ways on which investors and businesses can integrate climate change intelligence into their business strategies and investment planning.