Climate Adaptation Unlocking Value Chains with the Power of Technology 2025

Set clear standards –Standardize adaptation with a common language and metrics shared across the value chain. –Shape standards for adaptation data usage, structure and privacy while ensuring interoperability and security along the value chain. –Leverage existing best practice from other value chains to design adaptation metrics and reporting and inspire future regulations. –Establish clear governance among value chain stakeholders to create trust, transparency and commitment in the ecosystem. Unlock and share data –Align on a secure data-exchange protocol with your value chain. –Unlock access to selected climate and value chain data necessary for collective resilience initiatives upstream and downstream. –Benchmark against peers and the rest of the ecosystem. –Label certain climate data as public goods, democratizing access for underserved communities and local initiatives to ensure equitable and widespread adaptation. Invest in tech foundations –Invest in innovation and infrastructure to develop and host data insights and open technologies. –Invest in advanced technologies, such as open climate AI models, and in digital public infrastructure (DPI) to accelerate adoption of adaptation technologies. –Pool resources to reduce financial burdens and enable large-scale climate solutions. –Share access to computing power, cloud storage or AI model training. –Facilitate the development of open-source analytical tools and shared expertise with cross- sector partnerships, connecting cutting-edge tech providers and academic researchers with end users. Deploy locally and scale-up –Involve local stakeholders to fast-track adaptation solutions design and deployment. –Bring onboard academia, start-ups, local businesses and communities to your value chain collaboration platform by offering them opportunities to co-design, experiment and implement local adaptation solutions. –Support them to build local expertise and promote innovation at the community level. –Advocate for equitable climate adaptation, benefiting local communities and natural ecosystems, hence contributing to long-term sustainable development. Ultimately, organizations that fail to adapt to the climate crisis risk falling behind, both in terms of operational efficiency as well as stakeholder expectations. Business leaders can position themselves as sustainability leaders only if they understand that the secret of adaptation lies in understanding that the cost of action is too high when adapting individually and is far outweighed by the benefits of adapting collectively. This is not only a risk management technique, but an opportunity to gain a competitive edge. Organizations that invest early in adaptation technologies will be better positioned to manage climate issues, maintain operational continuity and respond to regulatory changes. In that sense, climate adaptation is not just an operational necessity but has become a driver of competitive differentiation in today’s turbulent world.3 4 56 The secret of adaptation lies in understanding that the cost of action is too high when adapting individually and is far outweighed by the benefits of adapting collectively. Climate Adaptation: Unlocking Value Chains with the Power of Technology 36