Specialized Financial Instruments and Investors. New asset classes have been created to address the climate change challenge. Also, specialised investment funds and vehicles came to life with the primary objective of addressing climate issues. While these financial instruments and funds prioritise the achievement of climate objectives, they do not sacrifice financial returns and are able to attract private capital. To mention a few examples:
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report