Video: Mitigation vs. Adaptation - Two Key Ways to Address Climate Change
Video Transcript:
Let’s talk about mitigation vs. adaptation... two key ways to address climate change.
Mitigation means reducing or preventing greenhouse gas emissions, while adaptation is about managing the impacts of climate change.
Here’s a simple way to picture it: imagine a flood threatening your house. Fixing a leak upstream to stop the flood from happening would be considered mitigation. Building a stronger foundation or installing waterproof barriers to protect your home in the event of a flood... that’s adaptation.
For public pension funds, mitigation investments are like funding renewable energy projects to cut emissions. Adaptation investments are like funding climate-resilient infrastructure or economic strategies to minimize damage from climate disruptions. Both approaches are essential: mitigation reduces future risk, and adaptation helps protect communities, economies, and investments from the impacts we can’t avoid.
Follow for more ways to protect investments and communities from climate risk.
