Microsoft and Starbucks are some of the big brands adding their business tips on saving money while adapting to climate change to a new UN-led online database.
Other multinationals to share their “success stories” about making profits or savings – or preventing losses – with adaptation-related projects include Levi’s, Nestléand Coca-Cola, according to the UN Framework Convention on Climate Change (UNFCCC).
Speaking from the World Economic Forum in Davos (pictured), UNFCCC’s executive secretary Christiana Figueres said: “By showcasing private sector adaptation success stories, we intend to help both communities and businesses become more climate-resilient and to put the benefits and business sense of adaptation firmly on the agenda of the private sector. Climate risks which affect communities around the world are always also business risks.”
Examples shown by the online tool include efforts to make drinking water clean and safe in developing countries and projects to improve the yield of coffee beans in regions that are particularly vulnerable to climate change.