Special episode: Climate adaptation is one key theme at COP 29

This is the McKinsey Podcast. Where we help you make sense out of our world's toughest business challenges. Welcome to the show. I'm Lucia Rahili. And I'm Roberta Fassaro. Everyone. We're coming to you almost live from Cop twenty nine. McKinsey partner Alexis Tridepo is there. And she says among the many themes of the conference, climate adaptation is the one she's most excited about. There's a real recognition that we both need to do adaptation and mitigation at the same time at this cop.

And that's a really important message for us to take forward. An important message, especially since this year, there have been a number of extreme weather events, and likely more to come. We've seen flooding in Brazil. In Spain. in Germany. We've seen two hurricanes off the coast of Florida, for example, that would had major impacts.

We've got real talk about it. How do we Build it better infrastructure, how do we change behavior, how do we monitor and better understand what's gonna come? So what's the current state of adaptation? Alexis says a lot of countries and companies have adaptation plans and others are starting out. A lot of them have thought about what climate risks they're facing. But not many of them have understood how do I put that into practice. How much money is it actually going to take?

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