Climate change is already causing severe economic damage globally. A 2024 Oxera study for the International Chamber of Commerce (ICC) found that extreme weather events resulted in US$2 trillion in economic losses between 2014-2023, directly affecting 1.6 billion people. Annual damages are rising rapidly, reaching US$451 billion in 2022-2023 alone. 

Addressing the climate crisis requires interconnected, urgent, and multidimensional strategies. This roundtable will explore two key fronts in the climate agenda: climate litigation and adaptation policies. 

On one side, litigation has become more disseminated globally as one of the responses for the failure to put together effective measures to fight the climate crisis. On the other hand, adaptation is gaining prominence as a necessary response to the ongoing and unavoidable consequences of a warming planet. 

Enforcement through litigation, public resources and governmental action alone cannot meet the scale of the challenge. Would adaptation agenda be an opportunity for the private sector to step up to help drive the innovation and investment needed to build resilience at speed and scale, while promoting a just transition? 

This roundtable aims to convene key stakeholders from the public and private sectors, financial institutions, development banks, and the insurance industry to share perspectives and reflect on how they are shaping the new paths towards a more climate resilient community. 

Date: September 25th  

Time: 12:30 to 2:30 p.m. (NY time)

Venue: Baker Mckenzie. 452 Fifth Avenue New York, New York 10018

Organized by: ICC Brasil & Baker Mckenzie & UN Global Compact Brazil Network 

RSVP: Register here