Uncertainty in assessing adaptation measures and their funding risks deters private investment, despite a growing recognition of the private sector's role in climate resilience. Blended finance mechanisms, like those used by Kenya's Apollo Agriculture, show promise in mobilizing funds, while recent analyses suggest private adaptation investments may be significantly underestimated. Efforts to improve tracking and reporting could encourage more businesses to engage in adaptation initiatives, addressing the urgent need for climate resilience in developing countries.
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