urbanising countries . Business continuity describing private sector preparedness notes that firms underestimate the impacts of climate risks on their business models . There is little research on how businesses can play a leading role in urban adaptation . A global assessment of the private sector's role in urban adaptation using data from 402 cities shows that most adaptation projects focus on the public sector and do not address private sector concerns or local people's participation . Recorded private sector action is recognised through partnerships and participation . There are a few examples of studies of private sector-led adaptation action which adopts a national focus . This lack of evidence contrasts with a well-developed body of literature on private sector-led mitigation .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report