Cooperação entre o setor público e privado para a adaptação climática: um estudo de caso sobre os Títulos Verdes e Soberanos de Fiji

Abstract

The present work aims to analyze how the private sector can become a key actor in climate adaptation. This analysis is carried out from two perspectives: initially, by focusing on the need for financial support from the private sector by the State, given the negative effects it faces due to debts contracted with the World Bank for the development of adaptive infrastructure. Subsequently, the paper focuses on the effects of a State that is poorly adapted to climate change on private-sector activities, highlighting the impacts related to the insurance sector and the costs resulting from business interruptions caused by extreme weather events. In this way, the study seeks to understand the incentives that the private sector has to allocate greater investment to climate adaptation infrastructure. Finally, a case study on Fiji’s Green Bonds is conducted to examine a concrete example of cooperation between the public and private sectors for climate adaptation