Global climate change and planet protection: Multinational adaptation

Abstract

Adapting to climate change requires all hands to be on desk by many actors in the society. Of recent, major research focus has been on governments, communities and the third sector as key actors in the adaptation process. The objective of this research is to assess the extent global climate change has relationship with planet protection in a multinational adaptation using a family of approaches collectively described as empirical statistical downscaling as a methodology. Yet, there is a growing emphasis internationally on understanding the role of, and the need to engage businesses in adaptation looking at their potentials to finance projects, as well as develop and deploy technologies and innovative solutions, and enhance the scale, and cost-effectiveness of certain adaptation criterion. In several occasions, many multinational corporations (MNCs) are purportedly beginning to take steps to adapt their operations to climate change. Some stated reasons for their engagement which include minimising potential impacts on their supply chains, improving resource efficiency, enhancing the production and use of sustainable raw materials, and supporting customers’, suppliers’ and communities’ efforts to adapt to climate change. In conclusion, there is a paucity of work analysing adaptation actions by MNCs, their motivations and contribution to broader adaptation and climate resilient development efforts, as well as possible instances of maladaptation. We apply a three-tier framework on drivers, responses and outcomes to examine the state of knowledge according to recent literature on private sector and MNC adaptation to climate change. The research recommends building adaptive capacity of the MNCs, its supply chain and of the community where it operates; to transferring as well as adopting technologies and acting on opportunities related to adaptation.