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The nonprofit network C40 Cities have outlined recommendations for city planners in building a financial case for urban adaptation.
The policy prioritises low-cost solutions for domestic decarbonisation, and higher-cost measures for international markets under Article 6. An industry leader told Eco-Business that further details on the use of carbon credits and more can drive investor confidence.
Public asset damage rose to US$96.3 million, against total losses of US$236.3 million last year, a new study showed. Although more than half of victims had adopted proactive measures, only about 5 per cent had insurance coverage and 20 per cent made no prior preparations.
Organic farmers in Malaysia and Indonesia have built small-scale models of food security and fairer trade for local communities. However, there are challenges to widespread adoption, including the time needed to improve soil health and expertise required to implement organic practices, experts say.
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