In order to further strengthen climate adaptation in the Netherlands, it is important to gain an insight into the initiatives that are currently taking place in the field of climate risks and adaptation in the financial sector. Insight into the playing field and a ‘common language’ are lacking for banks, investors, insurers and for the municipalities and water boards with which financial institutions are connected via the locations of their assets. What instruments do financial institutions use to assess and strengthen the climate resilience of their investments and customers, and what are their options for taking action?
Based on interviews, NextGreen is mapping current developments in order to identify the next steps that financial institutions can take towards developers, property owners and companies to implement their policy and projects in a (more) climate-adaptive manner.
This insight is important for promoting interaction on climate adaptation between financial institutions and, for example, municipalities and water boards. A ‘common language’ makes their interaction regarding climate-proof design more effective towards developers, property
- Map the subject and context of climate adaptation initiatives in the finance sector
- Develop a common language and an action perspective towards developers, real estate owners and companies
- Create a coherent and widely accessible overview of initiatives: what is already happening and what else is possible and necessary in the transition towards climate adaptation in the financial sector?
- Explore the need for a partnership on this topic and the opportunities for partnerships that there are
Role and activities of NextGreen
Assessment, interviews and desk research – Creating an overview of initiatives – Exploring opportunities for partnership
Together with the Dutch Association of Investors for Sustainable Development (VBDO) and Climate Risk Services.