-
- Asia-focused report by the Centre for Impact Investing and Practices
(CIIP) and collaborators identifies 250+ priority climate adaptation
and resilience solutions for Asia,[1] based on over US$100 billion in financing flows over 5 years[2]
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- Study's survey of 165 Asian funders managing over US$1 trillion in
funds finds climate adaptation and resilience emerging as top impact
theme by activity and interest
-
- Report introduces a first-ever framework to mobilise coordinated
action, mapping solutions across 3 tiers of commercial viability,
highlighting entry points for commercial, philanthropic, and public
capital to enable cross-sector climate adaptation action
-
- Accompanying fund flows dashboard provides visibility on public,
private and philanthropic capital flows and funding gaps in climate
adaptation and resilience across China, India, and Southeast Asia
SINGAPORE -
Media OutReach Newswire
- 18 May 2026 - The Centre for Impact Investing and Practices (CIIP),
in partnership with Temasek, Invesco, and ImpactSF (CGIAR Hub for
Sustainable Finance), and with support from Dalberg, today launched a
new report on climate adaptation and resilience (CA&R) in Asia. This
regional study identifies
more than 250 priority climate adaptation and resilience solutions for Asia, grounded in the region's unique climate risks, hazards, and priorities, and informed by analysis of over
US$100 billion in climate adaptation and resilience financing flows between 2021 and 2025.
[3]
Launching at Ecosperity Week's Impact Investing Roundtable 2026 on 19
th May, the report
"Climate Adaptation and Resilience in Asia: Pricing Risk, Sizing Opportunities, Financing Solutions"
examines the region's climate risks, financing gaps, and barriers
constraining investment in adaptation and resilience solutions. This
includes persistent data gaps, limited visibility of investable
opportunities, and unclear financing pathways.
The CA&R solutions for Asia span three tiers of commercial
viability. These include 94 low or no commercial viability solutions but
which are foundational in terms of building regional resilience, 93
emerging opportunities that are promising but need catalytic capital to
scale, and 65 commercially viable solutions that have proven track
record across markets. Together, they offer clear entry points across
the spectrum of capital to support solutions at different stages of
maturity — from early-stage innovation and ecosystem development to
scaling proven technologies and infrastructure.
Accompanying the report are:
- - A
first-of-its-kind fund flow intelligence dashboard mapping public, private and philanthropic capital flows across China, India, and Southeast Asia (SEA) and impact opportunities
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- The Climate Adaptation and Resilience in Asia
Case Study Library featuring 50 real-world examples of companies, financial institutions and philanthropies advancing CA&R in respective ways.
-
- A sectoral deep dive,
Building a Climate-Adapted and Resilient Agri-Food System in Southeast Asia, focused on agri-food resilience in SEA – a top priority across the region's National Adaptation Plans
"Climate adaptation and resilience financing in Asia remains constrained
by limited data, fragmented approaches, and uncertainty around where
capital can be most effective. We hope this report helps to provide
greater clarity on the opportunities and roles different stakeholders
can play in advancing solutions across the region. As climate risks
intensify, stronger coordination between public, private, and
philanthropic capital will be essential to accelerate action," said
Ms. Dawn Chan, CEO, Centre for Impact Investing and Practices.
Rising climate risks, widening financing gap
As a region, Asia is warming at twice the global average. Since 2000,
3.7 billion people in Asia have been affected by climate-related
disasters – more than triple that in the rest of the world. These risks
are already translating into significant economic and social costs.
By 2030, Asia will account for around 75% of the global CA&R
financing gap, and Asian companies are projected to bear around US$336
billion in annual climate costs.
Despite this, annual CA&R financing flows in Asia remain
significantly below current funding needs. More than US$200 billion is
required annually across the region, yet current flows stand at only
around US$19 billion.
Agriculture is among the sectors most significantly affected by climate
change. While the sector contributes 9.8% to SEA's GDP, average annual
production growth of key staple food
[4] has
remained below 1.3% over the past decade. Climate stress could reduce
crop yields by as much as 41%, with much of the burden and impact of
declining production falling on the region's 100 million smallholder
farmers, many of whom live on less than US$2 a day.
"Impacts of climate risks vary according to crop or livestock, where
they are and when the risk is going to be experienced. This determines
the necessary strategy required for resilience uplift. ImpactSF uses
CGIAR produced scientific data along with AI-based approaches to support
investment processes in risk identification and mitigation and impact
reporting for investees. This is extremely critical because if risks are
ignored, they will eventually impact the financial bottom line of
businesses in the agriculture and food sector," said
Dr. Godefroy Grosjean, Co-Lead, CGIAR Hub for Sustainable Finance (ImpactSF).
Barriers to unlocking capital
Several structural barriers constrain capital deployment into CA&R.
These include underdeveloped policy and regulatory environments; limited
access to data on local climate, risk, and costs; and mismatches
between solutions and the funding available.
Many CA&R solutions are also highly context-specific, making them
harder to implement at scale and require longer investment periods. This
calls for coordinated action across the spectrum of capital.
"While it's clear that investing for climate adaption and resilience is
still at a nascent stage, the critical work of identifying barriers,
assessing commerciality and mapping context-specific investment
opportunities is a major step forward that can move investors from
exploration to tactical implementation. This analysis helps bring
greater transparency to where capital is most needed across Asia, and
where investable opportunities may be emerging," said
Mr. Norbert Ling, Head of Fixed Income Portfolio Management, APAC, Invesco
From fragmented responses to coordinated action
Promisingly, funder interest is growing. Among 165 Asia funders surveyed
by this study, CA&R ranks as the leading impact theme, with 81
funders (49%) already actively investing and 47 (28%) exploring entry
into the space. Collectively, these 165 funders represent over US$1
trillion in Annual Funds Managed (AUM).
Translating interest into capital deployment, however, requires
addressing key constraints faced by funders. Pipeline challenges are the
top concern for both active or interested funders, as well as inactive
funders in this space. Macro-level challenges and deal structuring are
also key issues for active or interested funders, while main barriers
for inactive funders include limited mandate to invest in the space,
alongside knowledge and capacity gaps. Addressing these requires a
comprehensive approach that strengthens business models, de-risks
projects, and builds capacity and data systems.
Seven key building blocks
Recognising the multifaceted needs of the sector, this report sets out a
roadmap for scaling CA&R finance in Asia through seven key actions.
These include
- - Catalysing action
-
Embedding climate adaptation as both a value and growth driver
- Strategic capital mobilisation across the spectrum
- - Improving decision-making
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Better climate-risk pricing and valuation of resilience
-
Impact-linked decision pathways
-
Shared data and knowledge infrastructure
- - Laying the foundations
-
Climate-aligned financial system
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Cross-sector collaboration and delivery for scale
Further details are set out in the appendix.
For more insights, access the report highlights
here. The
full report and
fund flow dashboard will be available from 19 May.
APPENDIX
7 key building blocks for building lasting CA&R at scale
Catalyse Action
1. CA&R as growth engine and value driver. Investing in
CA&R for business operations is not only a defensive strategy but
can also unlock new markets and improve competitive advantage. Embedding
CA&R into BAU and scaling investable solutions today can help build
momentum for broader industry and system transformation.
2. Strategic capital mobilisation across the spectrum. Financing
CA&R requires leveraging all forms of capital. Blended and
innovative finance can help unlock investment, but only when grounded in
strong fundamentals. Successful deployment depends on viable business
models, robust data, and execution capacity.
Inform Decisions
3. Climate risk pricing and resilience valuation. Climate risks
and resilience benefits, including avoided losses and induced economic,
environment, and social impacts, remain systematically undervalued
today, distorting investment decisions. Embedding avoided losses and
broader impacts into pricing and valuation is key to unlocking capital
at scale.
4. Clear impact-linked decision pathways. Clear impact pathways
are essential to crowd in capital for CA&R. Given contexts across
Asia require that solutions that are highly local and diverse, scaling
requires credible causal pathways from action and investment to
resilience impact, such as those anchored in a Theory of Change (TOC)
and supported by standardised frameworks and comparable indicators
rather than uniform metrics.
5. Shared data and knowledge foundations. Closing critical data
and capacity gaps is essential to improve risk understanding and
decision-making in CA&R. However, data cannot exist in siloes -
coordinated investment in localised but interoperable data systems will
unlock better pipeline development and capital allocation.
Lay Foundations
6. CA&R aligned-financial systems. Financial services are a
foundational enabler of resilience across firms and communities, whether
by funding CA&R (e.g., expanding access to capital, financing
ecosystem services), or building financial resilience (e.g., by enabling
risk transfer and building safety nets that are critical to absorb and
manage climate shocks).
7. Cross-sector collaboration and delivery for scale. Lasting
CA&R outcomes depend on coordinated action across public, private,
and community stakeholders. Stronger collaboration mechanisms, whether
among governments, philanthropists, investors, or businesses, can reduce
fragmentation and enable faster, more effective capital deployment and
action at scale.
Methodology
Insights from the report are based on engagement with ~250 stakeholders,
including a survey of 165 funders deploying capital into Asia and 105
interviews. Stakeholders interviewed include commercial and
philanthropic funders, financial institutions and insurance companies,
corporates, ventures, and ecosystem enablers.
The identification and prioritisation of CA&R solutions for Asia
involved narrowing down from 1,400+ recognised global climate adaptation
and resilience (CA&R) solutions, aligned with Asia's climate risks
and needs, with maladaptive solutions removed at each stage. Each of the
250+ prioritised solutions were assessed for impact potential and
commercial viability, leveraging tracked funding data of ~US$100B over
the past five years.
[1] Asia coverage in the report largely covers
East Asia, South Asia, and Southeast Asia, with a deep-dive focus on
China, India, and all Southeast Asian markets
[2] From 2021 to 2025
[3] The solutions focus on nine key sectors:
infrastructure, water, agriculture and allied sectors, energy, industry
and commerce, disaster management, health, ecosystems and biodiversity,
and social systems (pg. 14 of report)
[4] Such as rice, maize, soybean, sugarcane, cassava