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Our Mission

We support small to medium sized businesses in developing countries that provide climate adaptation solutions.

Climate Adaptation

What is climate adaptation, and why is it important?

Climate adaptation means altering our behavior, systems, and—in some cases—ways of life to protect our families, our economies, and the environment in which we live from the impacts of climate change. The UN Environment Program estimates the cost of adapting to climate change in developing countries alone could rise to $140 to $300 billion per year by 2030, and between $280 and $500 billion per year by 2050. However, less than 5% of climate finance is being spent on climate adaptation and resilience efforts.

Business’s role in adaptation

How do businesses in developing countries play a role in climate adaptation?

Small to medium sized businesses generate at least 45% of employment and as much as 33% of GDP in developing countries. They play a key role as sources of innovation for adaptation, yet financing, operational and capacity constraints hinder their ability to scale climate resilience and adaptation solutions.

Bridging the Gap

How does ASAP help?

ASAP is a public initiative that seeks to build an ecosystem for early-stage companies in emerging markets that have technologies, products, and services that can be used to build resilience to the physical impacts of climate change.

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