A warming planet means cutting emissions alone is no longer enough. This article from Seoul Economic Daily explains why climate change adaptation, from heat shelters to flood management, is gaining equal footing with greenhouse gas reduction. Experts like MIT economist Robert Pindyck argue that accepting further warming is realistic, and that building resilience through infrastructure, early warning systems, and climate smart agriculture is essential to limit damage. The piece notes that adaptation has historically been underfunded because its benefits are harder to quantify than emission reduction targets. But that is changing. McKinsey projects major investment growth in what it calls the climate resilience industry, including heat pumps, grid hardening, water infrastructure, and parametric insurance. For anyone watching carbon markets or climate policy, this shift means adaptation will increasingly compete for capital and regulatory attention alongside traditional mitigation efforts.
