The Edge Singapore
In an interview with The Edge Singapore, BCG’s Varad Pande urges the private sector to increase investments in climate adaptation and resilience. “The benefit-cost ratio of such investments is in the range of two to 15 times,” says Pande. With $300 billion in economic losses from natural and climate-related disasters globally in 2023, he believes that public-private-philanthropic partnerships are essential to unlocking urgently needed climate financing.