Businesses have an essential role in urban adaptation actions, through the collective formulation of adaptation strategies, the provision of critical adaptive interventions and collaboration in partnerships. Businesses in the property sector, such as real estate developers, are on the frontline of climate change impacts but display differing attitudes toward climate adaptation. A study of property businesses in cities in Australia  showed that speeding up planning approval processes facilitated adaptation actions, and joint private-public decision-making was the preferred mode of governance for responding to climate concerns. Property businesses in cities in Sweden had a limited and reactive engagement in climate issues and resisted regulation . Corporate, private sector interventions in urban risk reduction more broadly remain limited, with a mix of public and private responsibility for planning, implementing and maintaining adaptations in the built environment, and yet limited engagement of private sector actors in providing healthcare measures for heat prevention  .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report