3 February 2011 | Sydney, Australia

UNEP FI’s Australasia Group, composed of 14 financial institution members from Australia and New Zealand, successfully conducted a climate change adaptation workshop on 3 February, 2011. As climate change proves an inevitable fact, adaptation efforts need to be further advanced, not only by the governments, but also business communities. Financial institutions are keen to understand the potential risks and opportunities that climate change adaptation brings to the financial sector. To provide for that demand, The Sydney workshop updated member financial institutions on the current international and national adaptation frameworks and policies – with a particular focus on the actions of the Australian government on this front – and introduced the good practices adopted by leading financial institutions who have incorporated climate change considerations in their risk analysis and business planning. Agenda