Living With 2°C Plus: New perspectives on financing the adaptation challenge
Without money, climate adaptation doesn’t happen. We know that too little is happening in most parts of the world. The adaptation finance gap is estimated at between $187-$359 billion per year. The Intergovernmental Panel on Climate Change (IPCC) has made it clear lack of finance is blocking adaptation even in developed countries.
In this roundtable we bring together a range of perspectives on the adaptation challenge; the value of investing in adaptation for both government and private investors, value creation through adaptation investment and, opportunities for investors – sovereign bonds, green bonds, private subscription, venture capital and more.
Speakers
Tao Wang, Lead Environmental Specialist, the World Bank Group
Mr Wang has over 25 years of experience in climate and environmental finance. He has extensive, hands-on experience with major international climate funds, including the Green Climate Fund, the Climate Investment Funds, and various carbon finance mechanisms. Currently, he leads the World Bank Group’s climate and nature finance engagements in the Latin America and Caribbean regions.
Miles Murphy, Senior Research Analyst, Centre for Intergovernmental Partnerships at the National Academy of Public Administration (NAPA)
Wenhong Xie, Head of China Programme, Climate Bonds Initiative, Beijing
Gordon Noble, Research Director, UTS Institute for Sustainable Futures
Supreya Kesavan, The Resiliency Company
Dr Tamara Wilkinson, Lecturer, Monash Law
John Marinopoulos, Advisor, Value Advisory
Host
Organised by
Green Lab, Impact Labs, Monash Business School, in collaboration with the US National Academy of Public Administration (NAPA).
Living With 2°C Plus: Roundtable series
Our world will become at least 2.5°C warmer than pre-industrial levels, current indications show.
Following COP29, Monash Green Lab is hosting a roundtable series to discuss the challenges of implementing strategies to live in a significantly warmer world.
In cooperation with the US National Academy of Public Administration (NAPA), the Monash roundtables will bring together leading international and Australian thinkers from government, business and community sectors.
The roundtables will provide insights from current work on climate change adaptation and point to areas where further work is required.
Events in the series
| Where are we, why are we here and where do we want to go? | Thu 28 Nov 2024 |
| Extreme weather events, flood risk and stormwater systems | Thu 13 Feb 2025 |
| Managing risk, value and insurance protection | Fri 14 Mar 2025 |
| Living with wildfire | Thu 26 Jun 2025 |
| New perspectives on financing the adaptation challenge | Thu 31 July 2025 |
| Locally led adaptation; building on place-based approaches to adaptation | Thu 25 Sep 2025 |
| Slow Burn - The hidden costs of a warming planet | Thu 11 Dec 2025 |
Contact
Event Details
- Date:
- 31 July 2025 at 10:00 am – 11:30 am
- Venue:
- Online - Zoom
- Categories:
- Green Lab
Description
Without money, climate adaptation doesn’t happen. We know that too little is happening in most parts of the world. The adaptation finance gap is estimated at between $187-$359 billion per year. The Intergovernmental Panel on Climate Change (IPCC) has made it clear lack of finance is blocking adaptation even in developed countries.
In this roundtable we bring together a range of perspectives on the adaptation challenge; the value of investing in adaptation for both government and private investors, value creation through adaptation investment and, opportunities for investors – sovereign bonds, green bonds, private subscription, venture capital and more.
Speakers
Tao Wang, Lead Environmental Specialist, the World Bank Group
Mr Wang has over 25 years of experience in climate and environmental finance. He has extensive, hands-on experience with major international climate funds, including the Green Climate Fund, the Climate Investment Funds, and various carbon finance mechanisms. Currently, he leads the World Bank Group’s climate and nature finance engagements in the Latin America and Caribbean regions.
Miles Murphy, Senior Research Analyst, Centre for Intergovernmental Partnerships at the National Academy of Public Administration (NAPA)
Wenhong Xie, Head of China Programme, Climate Bonds Initiative, Beijing
Gordon Noble, Research Director, UTS Institute for Sustainable Futures
Supreya Kesavan, The Resiliency Company
Dr Tamara Wilkinson, Lecturer, Monash Law
John Marinopoulos, Advisor, Value Advisory
Host
Organised by
Green Lab, Impact Labs, Monash Business School, in collaboration with the US National Academy of Public Administration (NAPA).
Living With 2°C Plus: Roundtable series
Our world will become at least 2.5°C warmer than pre-industrial levels, current indications show.
Following COP29, Monash Green Lab is hosting a roundtable series to discuss the challenges of implementing strategies to live in a significantly warmer world.
In cooperation with the US National Academy of Public Administration (NAPA), the Monash roundtables will bring together leading international and Australian thinkers from government, business and community sectors.
The roundtables will provide insights from current work on climate change adaptation and point to areas where further work is required.
Events in the series
| Where are we, why are we here and where do we want to go? | Thu 28 Nov 2024 |
| Extreme weather events, flood risk and stormwater systems | Thu 13 Feb 2025 |
| Managing risk, value and insurance protection | Fri 14 Mar 2025 |
| Living with wildfire | Thu 26 Jun 2025 |
| New perspectives on financing the adaptation challenge | Thu 31 July 2025 |
| Locally led adaptation; building on place-based approaches to adaptation | Thu 25 Sep 2025 |
| Slow Burn - The hidden costs of a warming planet | Thu 11 Dec 2025 |