The UK is experiencing increasing impacts from climate change, including more frequent and severe floods, heatwaves and storms. It needs to prepare more for these impacts. It also needs to honour its pledge to support climate adaptation efforts in developing countries. The UK should maximise the opportunity from an increase in the demand for adaptation goods and services, including flood defences, climate-resilient building materials and crops, innovative insurance products and treatments for vector-borne diseases, both at home and globally. There is an economic, social and environmental imperative to scale up and innovate in adaptation-related goods and services, especially in those areas where the UK has an existing and potential comparative advantage.
Raffaele Della Croce, Daisy Jameson, Maxwell Read, Esin Serin and Anna Valero
14 May 2026 Paper Number CEPSP56
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This work is published under POID and the CEP's Growth programme.
This publication comes under the following CEP theme: Innovation drivers, Technology adoption and diffusion