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FUTURE-PROOFING ECONOMIES: INNOVATIVE ADAPTATION STRATEGIES FOR A CHANGING CLIMATE

Alexander Peychev, Kliment Naydenov

First published: 2025-08-15https://doi.org/10.5593/sgem2025/5.1/s20.051View metrics

Abstract

As climate change accelerates, governments and businesses around the world are faced with the need to adapt to new environmental and economic realities. Innovative adaptation strategies are becoming key to building economies that are not only resilient but also able to thrive in times of uncertainty. Adapting to climate change means adjusting economic systems to new conditions to mitigate negative impacts and harness potential benefits. This involves rethinking the ways we use resources, as well as developing new technologies and policies. The transition to sustainable energy sources and technologies is essential. The use of renewable energy sources, such as solar and wind power, not only reduces harmful emissions, but also creates new jobs and stimulates innovation. Preparing current and future generations of specialists in the field of sustainability and adaptation is key. Investments in education and specialized training programs will help build capacity to deal with climate change. Implementing innovative strategies to adapt to a changing climate is critical to building economies that are prepared for the future. By integrating sustainable practices, global cooperation, and investments in green technologies, we can create a world that not only survives but thrives in the face of climate challenges

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Publication details

Title
FUTURE-PROOFING ECONOMIES: INNOVATIVE ADAPTATION STRATEGIES FOR A CHANGING CLIMATE
Authors
Alexander Peychev, Kliment Naydenov
Proceedings
25th International Multidisciplinary Scientific GeoConference Proceedings SGEM2025, Ecology, Environmental Economics, Education, and Legislation, Vol25, Issue 5.1.
Publisher
STEF92 Technology
Year
2025
Pages
411-416
SWS Citekey
Peychev202520411416
ISSN
1314-2704; 13142704
ISBN
9786197603859
Language
en
Publication type
Conference Paper
Proceedings contents
Open official contents
Keywords
References7
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