A business approach to climate adaptation in local communities

Climate change poses risks to the assets and operations of businesses. They can anticipate, prepare for, and adapt to the potential impacts of climate change by focusing on modifying their own internal operations. But businesses can find additional opportunities to adapt by examining their relationships with local governments. Businesses provide critical services to the communities in which they are located, and also benefit from services provided by the local governments. This symbiotic relationship is an important consideration for businesses as they work to adapt to a changing climate. By thinking broadly about how working with local governments can influence their resilience, businesses may be able to uncover additional adaptation opportunities and enhance their adaption efforts in ways they may not be able to achieve on their own. This paper includes two case studies of businesses that pursued adaptation efforts with local, state, or federal government officials to provide real-world context for the symbiotic relationships that exist between the private and public sectors in communities.