Private sector climate change adaptation of accommodation suppliers in the small island of Koh Tao, Thailand

2021 ◽  
pp. 1-18
Author(s):  
Janto S. Hess
2021 ◽  
Vol 13 (12) ◽  
pp. 6515
Author(s):  
Govinda R. Timilsina

Climate change adaptation is one of the main strategies to address global climate change. The least developed countries and the small island states that lack financial resources to adapt to climate change are the most vulnerable nations to climate change. Although it would be more economical to adapt to climate change compared to the anticipated damage of not doing so, the demand for capital is estimated to range to hundreds of billions. The crucial question is how to manage investments to adapt to climate change globally. This study provides an overview of existing international provisions on climate finance for adaptation. It includes provisions through international financial institutions, United Nations agencies, bilateral and multilateral channels, and the private sector. It also explores how private sector finance can be further attracted to invest in climate change adaptation.


2018 ◽  
Vol 11 (2) ◽  
pp. 77 ◽  
Author(s):  
Albert Ahenkan ◽  
Jane Osei ◽  
Erasmus Henaku Owusu

The study examines private sector initiatives and investment challenges in mainstreaming green economy in Ghana. An exploratory study design of qualitative research method was adopted. Due to the level of information required for the study, a purposive sampling technique was employed and a total of twenty-four respondents selected from 8 private sector organisations and some selected government ministries participated in the study. Data collected through in-depth interviews was transcribed, coded and analyzed thematically in line with the objectives and questions of the study. The study found out that green economy initiatives are not well mainstreamed in the private sector. Most companies’ involvement in climate change and green economy activities was commonly carried out through corporate social responsibility (CSR). The study further revealed that, government incentives for private sector investments in adaptation are not attractive. The study identified access to finance, poor knowledge base, weak collaborative effort, inadequate incentives, absence of clear-cut government policy and unsatisfactory recognition as challenges facing private sector-led investments in climate change adaptation. The paper recommends the need for government incentives to attract private sector investment, identification of green investment opportunities, collaboration among stakeholders, climate change sensitisation and education among the private sector in order to address the immediate to long-term consequences of climate change in Ghana.


2018 ◽  
Vol 10 (11) ◽  
pp. 4100 ◽  
Author(s):  
Mehdi Hafezi ◽  
Oz Sahin ◽  
Rodney Stewart ◽  
Brendan Mackey

Climate change adaptation planning requires the integration of disciplines, stakeholders, different modelling approaches, treatment options, and scales of analysis. An integrated stepwise planning approach is a critical requirement for effective climate change adaptation in the context of small island developing states and coastal communities. To address this need, this paper reports on a systematic review of 116 research papers from an initial set of around 650 academic peer-reviewed papers. These papers were assessed and categorised based on their planning framework or the approach utilised, measured climate change impacts, employed methods and tools, and recommended adaptation strategies or options. This study identified three important dimensions of a fully integrated climate change adaptation planning process, namely, integration in assessment, integration in modelling, and integration in adaptive responses. Moreover, it resulted in the formulation of a novel multi-layered integrative climate change adaptation planning approach. Adopting this holistic and integrative approach is more likely to yield better climate change adaptation in planning outcomes over the long term.


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