1、Top 50 Banks In The World Tackling Adaptation-2024White Paper2024Top 50 Banks In The World Tackling AdaptationThis white paper has been produced in a collaboration between ClimateX and Climate ProofTop 50 Banks In The World Tackling AdaptationContentsIntroduction.601.Methodology.802.Adaptation Indic

2、ators.1203.LLM-based Assessment.16 Retrieval Augmented Generation Pipeline for analysing adaptation indicators.1804.Adaptation Maturity Ranking.2005.Analysis.24 1 Bank Analysis.25 2 Indicator Analysis.27 3 Country Analysis.30 4 Indicator Evidence.32Conclusion.42 Appendix 1 .20 Appendix 2 .22About Cl

3、imate X .1643Introduction4Top 50 Banks In The World Tackling AdaptationTop 50 Banks In The World Tackling AdaptationClimate change is transforming businesses and the banks that finance them.As our world heats up,extreme weather events are becoming more frequent and severe,causing billions in economi

4、c losses.Over time,slow onset events caused by climate change,like desertification,biodiversity loss,and sea level rise,threaten to upend the economic prospects of entire countries and regions.In light of these escalating risks,there is growing concern over the ability of the financial system to wit

5、hstand climate shocks and provide the products,services,and tools the wider economy needs to adapt to a hotter world and become more resilient to natural disasters.Investment in adaptation and resilience is essential to ensure businesses and communities can prepare,prevent,respond to,and recover fro

6、m climate-related shocks and stresses.Banks have a key role to play in providing this investment and nurturing markets in adaptation and resilience solutions.The question is:to what extent are banks currently fulfilling this role?5Top 50 Banks In The World Tackling AdaptationTo answer this,we have p