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IncollaborationwithBostonConsultingGroupInnovation
and
Adaptationin
the
Climate
Crisis:Technology
for
the
New
NormalI
N
S
I
G
H
T
R
E
P
O
R
TJA
N
U
A
RY
20
2
4Images:GettyImagesContentsForeword34ExecutivesummaryIntroduction51
Comprehendrisks(andopportunities)1.1
Dronesfordatacollection1.2
IoT
andsensorsfordatacollection1.3
Earth
observation
forplanetary
intelligence1.4
Artificial
intelligence12141415161920212425262728303031323333353740414243451.5
AR/VR
to
visualizeclimateimpacts1.6
Advancedcomputingto
powerintelligence2
Buildresilience2.1
Climate-resilientinfrastructure2.2
Climate-resilientfoodsystems2.3
Resilientglobalsupplychains2.4
Advancedearly
warningsystems3
Responddynamically3.1
The
first72
hours3.2
AIforhumanitariandatacollection3.3
Earthobservationforpost-disasteranalytics3.4
AIforpost-crisisdecision-making3.5
Dronestooptimizesearch-and-rescueoperations3.6
AItooptimizemobilityandevacuations4
Multistakeholdercollaborationandkeyenablers4.1
Open
sourceistheunlock4.2
Repositioningadaptationtoattractfinance4.3
PolicyandregulationasacatalystConclusionContributorsEndnotesDisclaimerThisdocumentispublishedbytheWorldEconomicForumasacontributiontoaproject,insightareaorinteraction.Thefindings,interpretationsandconclusionsexpressedhereinarearesultofacollaborativeprocessfacilitatedandendorsedbytheWorldEconomicForumbutwhoseresultsdonotnecessarilyrepresenttheviewsoftheWorldEconomicForum,northeentiretyofitsMembers,Partnersorotherstakeholders.©2024WorldEconomicForum.Allrightsreserved.Nopartofthispublicationmaybereproducedortransmittedinanyformorbyanymeans,includingphotocopyingandrecording,orbyanyinformationstorageandretrievalsystem.InnovationandAdaptationintheClimateCrisis2January2024InnovationandAdaptationintheClimateCrisis:TechnologyfortheNewNormalForewordHamidMaherHelenBurdettHead,TechnologyforEarth,WorldEconomicForumManagingDirectorandPartner,
BostonConsultingGroupRecentyearshaveseenextremeweathereventswracktheglobe–fromthe2021floodinginenableracrossallofthem–helpingleadersnotonlytoassessclimateriskbutalsotoidentifysolutionsandtobuildresilienceintherealworld.Data-drivenanddigitaltechnologies,inparticular,willbeacriticalsourceofadaptivevalueprotectionandcreation.Advancesinthesetechnologies–particularlyartificialintelligence(AI)–havebeenoneofthemajorstoriesof2023.Thisreportoutlinestherolesthatdata-drivenanddigitaltechnologiescanplayinsupportingclimateadaptation,fromstrengtheningriskanalyticsandclimate-proofingsupplychainstopoweringR&Danddiscoveryprocessestoyieldthenextgenerationofclimatetechnologies.Germanytothispastyear’s
wildfiresinHawaii,EasternCanadaandAustralia–leavinglittledoubtthattheimpactsofclimatechangearearriving.Theclimatescienceisclearthattheseimpactswillbecomemorevolatile:thecontinuationofcurrentemissionsandnaturedegradationcorrelatewithincreasedsudden-andslow-onseteventswithinthisdecade.Mitigatinggreenhousegas(GHG)emissionshasneverbeenmoreurgent.Atthesametime,communities,businessesandgovernmentsmustadapttopresentandoncomingchanges.Adaptationistheprocessofevolvingtotheeffectsofchange–inthiscase,adjustingecological,socialandeconomicsystemstoalleviatetheimpactsofclimatechange.Thisincludescrisisresponseforextremeeventssuchasfloodingandwildfires.Italsoencompassesmulti-faceted,agileapproachesfornavigatingaworldwherereliableclimateandweatherconditionscannolongerbetakenforgranted.Leadersneednewformsofintelligencetobuildresilienceintotheircommunitiesandbusinesses.Alongtheway,first-moverswillfindthisisnotonlyariskmitigationstrategybutalsoasourceofcompetitiveadvantage.TheTech
for
Climate
Adaptation
WorkingGroup,hostedbytheWorldEconomicForum’s
CentrefortheFourthIndustrialRevolution,convenedtodevelopthisreportandadvanceapplicationsandknowledgerelatedtotechnologyforclimateadaptation.Theworkinggroupincludesleadersandexpertsfromtechnology,industry,thepublicsector,academiaandcivilsociety.Itsmembershavebeenessentialtochartingthescopeofthisreportandbringingdomain-specificinsighttoitschapters.Thereisnotechnologicalsilverbulletforclimatechange.Moretothepoint,thereisnosubstitutefordeepandswiftmitigationofGHGemissions.Theimpactsofclimatechangearehereandcannotbeignored.Technology
offersawaytomanagetheseimpacts–toadaptandbringmoreclaritytoanuncertainfuture.Therearemultipleinterdependentapproachestoclimateadaptation,includingeconomicincentives,policyandregulation,locally-ledintervention,andnature-basedapproaches.Technology
isakeyInnovationandAdaptationintheClimateCrisis3ExecutivesummaryTheimpactsofclimatechangeareintensifyinganddata-drivenanddigitaltechnologiescanhelp.Theimpactsofclimatechange–intheformofextremeandslow-onsetevents–areincreasinginfrequencyandintensity.TheWorldEconomicForum’s
2024GlobalRisksReportrankedextremeweathereventsasthesecond-mostsevereriskoverthenexttwoyears–andthemostsevereovera10-yearhorizon.Nearlyhalfoftheworld’spopulationisvulnerabletotheimpactsofclimatechange.Virtuallyeverysectoroftheglobaleconomyisexposedtosomedegreeofclimate-relatedrisk.anddronesaretransforminghowleadersgather,processandanalyseinformation.ThesetechnologiesprovideintelligenceonhowtheEarthischangingattheplanetarylevelandhowtheimpactsmaybefeltbybusinessesandlocalcommunities.Buildingresilienceagainstclimateimpacts–AIishelpingbuildresilienceintocriticalinfrastructure,suchasfloodmanagementsystems,throughoptimizationandreal-timemaintenance.EarthobservationandIoTarebringingnewprecisiontocriticalresilience
tools
such
as
early-warning
systems.Technologyis
integralto
buildingadaptivecapacity,propellinginnovationandbringingnewcapabilitiestoleadersandcommunities.Thereisnotechnologicalpanaceathatcantackleclimatechange;
thereisnosubstitutefordeep
andswiftmitigationof
greenhouse
gas
(GHG)emissions.However,technology–
specificallydata-drivenanddigitaltechnology–
canhelpleadersmanagethemountingrisksassociatedwithclimateimpactsandunlocknewopportunitiesalongtheway.
Anemergingsetoftechnologies–
allsynergisticwithartificialintelligence(AI)andadvancedcomputing–
supporta
comprehensivestrategyforadaptationandplayakeyroleateachstageofthe“adaptationcycle”:Respondingdynamicallywhenimpactshit–Earthobservation,alongwithdrones,canprovidea
viewofhard-to-reachareasintheaftermathofanextremeevent.Dronesarealsobeingusedtomakedeliveries
of
emergency
aid
and
support
search-and-rescueoperations.AI’s
capabilitiesforpredictionandoptimizationimprovesituationalawareness.Theclimatecrisisdemandsadaptation.Data-drivenanddigitaltechnologiesalreadyplayamission-criticalrole
inadaptationeffortsacrosstheworld;theyare
poisedforscaledadoptionandgreaterimpactwhensupportedbyopencollaboration,improvedfinancingandanenablingpolicyenvironment.Comprehendingrisksandopportunities–AI,Earthobservation,theinternetofthings(IoT)InnovationandAdaptationintheClimateCrisis4IntroductionTowards
atechnology-ledapproachtoclimateadaptation.Itisofficial–2023wasthehottestyearinrecordedhistory.
JunewasthewarmestJuneonrecord,$200billion–40%greaterthantheannualaverageforthepast20years(excludingearthquakes).18JulythewarmestJuly,AugustthewarmestAugust,SeptemberthewarmestSeptemberandOctoberExtremeweathereventsare
nottheonlyimpactsofclimatechange.Slowonsetevents,
suchasthewarmestOctober.oneineverythreedaysbreachedthe1.5ºCthreshold.
Climatechangeisacceleratingatanunprecedentedpace.2Acrosstheyear,
roughly9increasingglobaltemperatures,are
damagingagriculture,biodiversityandhumanhealth.Glaciersandpolaricecapsare
melting,withrisingsealevelsthreateningcoastalcommunitiesthrougherosion,floodingandsaltwaterintrusion.Seasonalprecipitationpatternsare
changing,resultingingreaterrainfallinsomeareasanddesertificationinothers.TheUnitedNationsEnvironmentProgramme’s
DavidJensenstates,“Inmanypartsoftheworld,thepredictabilitythatusedtoexistinseasonalweatherpatternsissimplygone”.3Thefalloutisevident.weatherevents,suchasheatwaves,wildfiresandhurricanes,hasincreasedinrecentyears.
Ifthesetrendspersist,extremeeventscouldincreaseto560
ayearby2030–1.5aday–representinga40%increaseover2015.
Inadditiontohuman4Thenumberofextreme567suffering,thecostsarehuge;in2022,naturaldisasterscostgovernmentsandbusinessesoverFIGURE1
AllindustriesareexposedtosomelevelofclimateriskthroughacuteandchronichazardsIndustries(selection)Infrastructure
OilandgasUtilitiesMiningAgriculture
Manufacturing
FashionandluxuryTransportHealthDroughtFloodingFreezingSeverestormTropical
cycloneWildfireWinterstorm/hailHighertemperatureMeltingice/permafrostEcosystemdisruptionEmployeehealthEquipmentefficiencySealevelriseWaterscarcityLowriskHighriskIndicativeSources:BCGanalysis;Zawadzki,Annika,LorenzoFantiniandGiovanniCovazzi,"ComingtoGripswithCorporateClimateRisk",BCG,20November2023,/publications/2023/coming-to-grips-with-corporate-climate-risk.InnovationandAdaptationintheClimateCrisis5In
2019,theGlobalCommissiononAdaptationestimatedthatinvesting$1.8
trillion
inclimate
adaptationmeasures
byClimatechangetodaythreatenspeople,businessesandnature.Invulnerableregionsacrosstheworld,between3.3and3.6billionpeopleareexposedtotheimpactsofclimatechange.10
“Theimpactsofclimatechange,whilefeltglobally,dodependonwhereintheworldyouare.Thevulnerablearehitthehardest,”saysChristerSolheimGundersenofNorwegianAgencyforDevelopmentCooperation(NORAD).Inbusiness,$4trillionincorporateassetscouldbeatriskby2030duetotheimpactsofclimatechange.11
Nearlyeverysectoroftheglobaleconomyisexposedtosomedegreeofclimate-inducedrisk(seeFigure1).Inthenaturalworld,sixofnineplanetaryboundarieshavebeencrossed,12paintingagrimpictureoftheEarth’s
health.mostadaptabletochange.Thus,theseindicatorsnotonlyheightentheurgencyformitigatinganthropogenicimpactsontheclimatebutalsobringattentiontotheneedforpeople,businessesandgovernmentstoadapt.Inrecent
years,studieshaveestimatedtheeconomicdamagesassociatedwithclimateimpactsandthepossible
benefits
of
tackling
them.
In
2019,
the
GlobalCommissiononAdaptationestimatedthatinvesting$1.8trillioninclimateadaptationmeasuresby2030couldyield$7.1trillioninnetbenefits.13
Basedontheseestimatesandotheranalyses,anincreasingnumberofgovernmentshaveenactedlawsandissuedprotocolsrelatedtoclimateadaptation.Thenumberofcountrieswithnationaladaptationplansisincreasingyear-on-year.14
Moreover,
theemergenceofclimate-resilientindustriesandtechnologies,suchasresilientagriculture,havepresentedopportunitiesforgovernmentsandbusinessesto“climate-proof”theirfutures.2030
couldyield$7.1
trillion
innetbenefits.Climatic,naturalandsocioeconomicsystemsmaybeclosetotippingpoints,whererelativelysmallchangesleadtoirreversibleshifts.Ashistoryshows,itisnotthestrongestspeciesthatsurvivesnorthemostintelligent–butthoseBOX1ClimateadaptationdefinitionActionstakentoadjustprocesses,practicesandstructurestomoderatepotentialdamagesortobenefitfromopportunitiesassociatedwiththeeffectsofclimatechange.Notes:1.BasedontheUNFCCCdefinition;2.Encompassesactivitiesreferredtoas“climateresilience”or“adaptationandresilience”.Numerousadaptationstrategieshavebeendevelopedtomaketheworldmoreresilienttotheimpactsofclimatechange.Theyrangefrombuildingstrongerinfrastructureanddevelopingearlywarningsystemstoimplementingfloodcontrolmeasuresandchangingagriculturalpractices.Thesestrategiesbroadlyfallintofourgroups:regulatory,economic,socioculturalandnature-based.Taken
together,
theseinterdependentstrategiescanbeviewedthroughthelensofwhatclimateandsocialscientistscalladaptivecapacity.15
AccordingtoGailWhiteman,ProfessorofSustainabilityattheUniversityofExeterandExecutiveDirectorofArticBasecamp,“It’s
allaboutbuildingadaptivecapacity.Focusingatthesystemsleveltoadaptoursocial,ecologicalandeconomicprocesses.Indeed,wecanthinkofadaptationasanongoingprocess”.Data-drivenanddigitaltechnologiesare
uniquelysuitedtobuildadaptivecapacityandtacklethemulti-variable,complexproblemsinvolvedinclimatedecision-making(seeFigure2).Thesetechnologiescandealwiththeinter-connectednessofnatural,socioeconomicandeconomicsystems,copewithmanyvariablesanddegreesofuncertainty,andalignclimateactionacrossmultipletimehorizonsandimperatives.Onthislaterpoint,NaokoIshii,DirectoroftheCenterforGlobalCommonsattheUniversityofTokyo,
says,“Adaptationneedstotakealong-term,strategicviewpoint.Historically,adaptationhasbeenconsideredasashort-termoradhocresponsetospecificevents–separatefrom
mitigationstrategy.Dataandtechnologycanhelptoalignthesestrategiesforthelong-term.”Thisisthekindofintelligencethattheclimatecrisisdemands.InnovationandAdaptationintheClimateCrisis6FIGURE2
GlobalriskslandscapeIntrastateviolenceCensorshipandsurveillanceNaturalresourceshortagesErosionofhumanrightsTerrorist
attacksMisinformationanddisinformationCriticalchangetoEarthsystemsInvoluntarymigrationAdverseoutcomesoffrontiertechnologiesBiodiversitylossandecosystemcollapseTechnologicalpowerconcentrationCyberinsecurityInterstatearmedconflictPollutionExtremeweathereventsAdverseoutcomesofAItechnologiesSocietalpolarizationNon-weatherrelatednaturaldisastersDisruptionstoChronichealthconditionscriticalinfrastructureInfectiousdiseasesBiological,chemicalornuclearhazardsInsufficientinfrastructureandservicesDisruptionstoa
systemicallyimportantsupplychainLackofeconomicopportunityLabourshortagesGeoeconomicconfrontationConcentrationofstrategicresourcesInflationEconomicdownturnAssetbubbleburstsUnemploymentIlliciteconomicactivityDebtNodesRiskinfluenceEdgesRelativeinfluenceRiskcategoriesEconomicEnvironmentalGeopolicticalSocietalTechnologicalHighHighMediumLowMediumLowSource:WorldEconomicForum,GlobalRisksPerceptionSurvey
2023-2024,2024Forgloballeaders,publicandprivatealike,data-drivenanddigitaltechnologieswillcreateandprotectvalue.Theywillenableleadersinawiderangeofways,fromsupportingdecision-makingandpoweringscientificdiscoverytochangingbehaviours.Atthesametime,technology-basedadaptationrequirespolicydevelopment,communityengagementandinternationalcooperationtowork.Amultistakeholderapproachisessentialforeffortstoscalerapidlyandadvancetheworld’s
responsetoclimatechange.InnovationandAdaptationintheClimateCrisis7MappingthetechnologylandscapeAsetofdata-drivenanddigitaltechnologiesareemergingasmission-criticaltoolsforclimateadaptation.FIGURE3
High-leveldefinitionsArtificialintelligence*DronesEarthobservationFamily
of
mathematical
and
computerscience
techniques,
including
advancedanalytics,
big
data
analytics,
machine
learning,deep
learning
and
large
language
models.Unmannedaerialvehicles(UAVs)
thatcanbeequippedwithcameras,coverlargedistancesandcarrysmallamountsofphysicalmaterial.Remote-sensing(e.g.satellites)orinsitutechniques(e.g.weatherstations)forgatheringinformationaboutactivitiesonEarth.AdvancedcomputingIoTAR/VR**Super-computing(includingNetworkeddevices(includingsensorsandhand-helddevices)thatworktogethertocollectandsharedataandmonitorsystems.Tools
thatprovideimmersiveexperiences,eitherbysuperimposingdigitalfeaturesonphysicalenvironmentsorusinghardware(e.g.headsets)tofullyimmerseusers.cloud-based)andquantumcomputingprocessesthatenhancecomputepower,accuracyandspeed.Notes:*Extendeddefinitiononp.16.**Augmentedreality/virtualrealityTechnologiesoftheIndustrialRevolutionhaveuse,andsecondly,theirvastpotentialforimpactfulcontribution.Consequently,emphasishasbeenplacedfirstlyontechnologiesthatcurrentlyprovidevitalsolutionsforclimateadaptation,andsecondly,onthosethataredevelopingrapidlyandareexpectedtoyieldsignificantbenefitsforfutureclimateresilience.beenasignificantdriverofclimatechange16
–butnewandemergingtechnologiescanhelpleadersadapttothechangingclimateofthe21stcentury.Technology
willenableleaderstoenhanceindustryresilience,protectecosystemsandsafeguardhumanwell-being.Aconfluenceoffactors,suchasscientificandtechnologicaldevelopments,policysupport,marketdemandandarisingsenseofurgency,aredrivingthedevelopmentofpath-breakingtechnologiesforclimateadaptation.Thisconvergenceiscatalysinginnovationandopeningnewpathwaystobuildadaptivecapacityintoorganizationsandcommunitiesworldwide.Moreover,
thesetechnologieshaveapplicationsacrossthedatalifecycle.17
Eachphaseembodiesdifferentchallengesandopportunities.Thisreportthereforeendeavourstoexploretechnologieslocatedatvariousphasesofthelifecycle(e.g.howIoTcanbeusedfordatacollection;andmachinelearning
(ML),furtherdownstream,fordataanalysis).Whilethesixtechnologiesanalysedinthisreportcanworkautonomously,theirimpactcanbeexpandedwhenusedinconcert.Thisreportcoversbothmodesofoperation.Forinstance,inthewakeofa
hurricane,Earthobservationcanworkautonomouslytocapture
imagesofdamagedbuildings,ortheseimagescanbeusedwithAI-basedsystemstohelpinsurers
processdamageclaims.18IntroducingthetechnologiesAsetofdata-drivenanddigitaltechnologies–allsynergisticwithartificialintelligence(AI)–areemergingasmission-criticaltoolsforclimateadaptation.Thespecifictechnologiesthatarethefocusofthisreportaredrones,theinternetofthings(IoT),Earthobservation,augmentedandvirtualreality(ARandVR),advancedcomputingandAI.Together,
theycompriseafirst-of-its-kindtoolkitforclimateadaptation.To
secure
a
sustainablefuture,
advancedtechnologyshouldbecentred
inclimateadaptationstrategies.Thekeyliesnotjustindevelopinganddeployingthesetechnologies,butalsoinusingthemfordiscoveryprocesses
thatwillinventfuture
solutions.Giventheurgencyoftheclimatecrisis,theselectionofthesetechnologiesisbasedoneitheroftwokeycriteria:firstly,theirreadinessforimmediateInnovationandAdaptationintheClimateCrisis8FIGURE4
HowtechnologypowersclimateadaptationAIatthecoreIoTAR/VRAdvancedcomputingThetechnologiesDronesAsuiteofadvancedtechnologies,allsynergisticwithAI,areenteringthemainstreamandemergingascriticaltoolsforclimateadaptation.Thesetoolsarelocatedatdifferentpointsofthedatalifecycle;theyaresometimesusedautonomously,sometimesinconcert.EarthobservationGather,
completeandprocessdataStrengthenplanninganddecision-makingTheircapabilitiesThetechnologiesproduceasetofcapabilitiesthatleaderscanapplyforreal-worldimpact.Thesecapabilitiesrangefrompredictivedecision-makingtonudgingbehaviourchange.Indifferentways,thesecapabilitiesrelyondigitalintelligence–andallarevaluablefordrivingclimateadaptation.OptimizeprocessesinrealtimePowerdiscoveryprocessesNudgeadaptivebehaviourso12uTheadaptationcycleLeaderscanputthesecapabilitiestoworkintheirclimateadaptationstrategies.Aneffectiveandcomprehensivestrategyfollowsthe“adaptationcycle”,whichencompasses:1)comprehendingrisksandopportunities,2)buildingresilienceagainstfutureimpacts,and3)respondingdynamicallywhenclimateimpactshit.Adaptationcycle3InnovationandAdaptationintheClimateCrisis9Thekeyliesnotjust
in
developingand
deployingthese
technologies,butalsoin
usingthemfordiscoveryprocesses
thatwill
invent
futuresolutions.The“sowhat”–thecapabilitiesrisingfromadvancedtechnologyproblems
–
forexample,identifyinga
traderoutethatminimizesclimaterisk–
andcaniteratethrough
multiplestrategiesuntiltheyhaveidentifiedthebestoutcome.Additionally,thesealgorithmscanrapidlyadjustparameters(e.g.intheeventofanunexpectedclimateshocktothesupplychain)andprovide
dynamicupdates.To
realizetechnology’spotentialforadaptation,itisimportanttounderstandthecapabilitiesthatitprovidestoleaders.Thesetofadvancedtechnologiesfeaturedinthisreportsupportsthedevelopmentoffivedifferentcapabilities:Powerdiscoveryprocesses:AIistransformingsciencebecauseofthevolumesandformsofdata(i.e.structuredandunstructureddata)itcanstudyandthespeedatwhichitcandoso.Thatishowdeeplearningtools,suchasGoogleDeepMind’sAlphaFold,havepioneeredmethodstodeterminethestructureofproteinsfromthesequenceofaminoacids.20
Similarly,climateandweatherresearchersareusingAItoapproximatecomplexphysicalandchemicalphenomenaandembedtheminnext-generationmodellingsystems.21
AsMehdiGhissassi,DirectorandHeadofProductatDeepMindhassaid,“AIishelpinghumansgeneratenewknowledgethatexpandsourunderstandingofvariousscientificfields.Theseadvancescanleadtobetteroutcomesinthelifesciences,climate,andenergy,amongotherfields”.Gather,
processandcompletedatasets:Technology
enablesleaderstoworkwithvastamountsofinformation.Forinstance,privatecompanieshavelaunchedtheirownsatellites,expandingthecollectionofplanetarydata.IoT,ontheotherhand,allowsforsensorplatformsthatcollectlocalizeddata.AIenablessummaryofthisdata19
anddeliversnewcapabilitiestocompletetemporally-andspatially-sparsedatasets.Strengthenplanninganddecision-making:TheflagshipcapabilityofAIistostudycomplexproblemsandpredictfutureeffects.Thesepredictivepowersaretransformingplanninganddecision-making.Forinstance,AImakesitpossibletocalculatethefinancial,operationalandsocialimpactsofaninvestmentinclimateresilience–and,crucially,topredictthecostsofinaction.Bothareessentialtoprioritizepotentialactionsandallocateresourcesefficiently.Nudgeadaptivebehaviour:Inmanydomains,climateactionrequireschangeatthebehaviourallevel.Technology
canbeappliedinconsumer-oruser-facingsystems(e.g.productrecommendations,socialmedia,etc.)toweighdecisionsinfavourofadaptiveorrisk-reducingchoices.22
Additionally,emergingtechnologiessuchasAR/VRcanprovideimmersiveexperiencesthatgiveusersavisceralsenseofclimateimpacts.Optimizeprocessesinreal-time:
AIperformsbestwhengivenenoughdatatocaptureunderlyingpatterns.CertainclassesofMLalgorithmsare
well-suitedforoptimizationInnovationandAdaptationintheClimateCrisis
10TheclimateadaptationcycleLeadersmustask:HowdoAdvanced
technology
has
a
remarkableability
to
pickoutanomaliesand‘weakcues’fromhugeamountsofdata.We
arestartingtoseethethreatsbeforetheyoccur”.webuild
short-andlong-termresilience?
Howcanweprotectagainst
bothsudden-onseteventsand
slow-onsetevents?Howcanthesetechnologiesandtheircapabilitiesbeappliedtoclimateadaptation,specifically?SinceAIandotheradvancedtechnologieshaveenteredthemainstream,technologyandbusinessplayershaveracedtofindcommercialapplications.Whilethemarketvalueofthesetechnologiesisevident,itisimportanttosurfacetheclimatevalueoftechnology,too.Thesubsequentsectionsofthisreportwillserveasamapforhowtechnologycanbeappliedtoclimateadaptation.Buildresilience:Thenextstepistobuildresilienceagainstfutureclimatechangeimpactsandunlocknewopportunitiesalongtheway.Leadersmustask:Howdowebuildshort-andlong-termresilience?Howcanweprotectagainstbothsudden-onsetevents,suchasextremeweather,andslow-onsetevents,suchasdesertificationorsea-levelrise?Howwillouractionsalignwithcurrentbusinessoroperatingmodels–whatdowestandtogainbybuildingresilience?Climateadaptationisamulti-stageprocessinvolvingdifferentstrategies,investments,risksandrewards.Thisreportreferstotheprocessasthe“adaptationcycle”,consistingofthreestages:Respond
dynamically:
When
the
impacts
of
climatechangearerealized–
forinstance,whenanextremeweathereventoccurs–
leadersmustbepreparedtorespond.Theymustevaluatehowtoprioritizehardware,softwareandhumanresponseeffortsoptimally.Thisoptimizationcanbethedifferenceinsavinglives,ecosystemsandeconomicvalue.Comprehendrisks(andopportunities):Thefirststage
in
the
climate
adaptation
cycle
is
to
understandtherisks–and,insomecases,opportunities–associatedwiththeimpactsofclimatechange.Leadersshouldask:Whatarethemainrisksweface,andhowvulnerablearewe?Whatisthepotentialimpacton
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