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Climate Risk Adaptation versus Mitigation. What are the differences?

The difference between climate risk adaptation and mitigation lies in their objectives, approaches, and time horizons within climate action.


They are complementary but distinct strategies, thus make sure you don't mix up both of them.


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🌍 1. Climate Risk Mitigation


Goal: Reduce or prevent greenhouse gas (GHG) emissions to slow down or limit future climate change.


Focus: Addressing the cause of climate change.


Approach:

  • Cutting carbon emissions from energy, transport, and industry.

  • Increasing carbon sinks through reforestation or carbon capture.

  • Promoting renewable energy, energy efficiency, and low‑carbon technologies.


Examples:

  • Transitioning to solar or wind power.

  • Implementing carbon pricing or emission trading schemes.

  • Introducing electric vehicles and sustainable transport systems.


Nature:

  • Global in impact: Every ton of CO₂ reduced benefits the entire planet.

  • Long‑term strategy: Results accumulate over decades.


🛡️ 2. Climate Risk Adaptation


Goal: Adjust societies, economies, and ecosystems to cope with the impacts of climate change that are already happening or inevitable.


Focus: Managing the consequences of climate change.


Approach:

  • Strengthening resilience of communities and infrastructure.

  • Adjusting agricultural practices to new rainfall or temperature patterns.

  • Improving disaster preparedness and early‑warning systems.


Examples:

  • Building higher sea walls in flood‑prone coastal cities.

  • Developing drought‑resistant crops.

  • Designing water‑management systems for extreme weather events.


Nature:

  • Local to regional in impact: Benefits are location‑specific.

  • Short‑ to medium‑term: Focused on immediate risk reduction and resilience.


Simple summary

Aspect

Mitigation

Adaptation

Purpose

Address the causes of climate change

Manage the effects of climate change

Time horizon

Long‑term prevention

Short‑/medium‑term resilience

Scale

Global

Most likely Local / regional

Examples

Renewable energy, carbon pricing, green transport

Flood defenses, drought management, resilient infrastructure

Goal

Stabilize or reduce global temperature rise

Reduce vulnerability and damage from climate impacts


💡 Integration

An effective climate policy should requires both:

  • Mitigation to avoid worsening the problem.

  • Adaptation to live with the changes already occurring or unavoidable.


In business and finance (e.g., HKMA’s and OECD’s sustainability frameworks), both are essential pillars for managing climate‑related financial risks.


References & Additional readings:





 
 
 

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