Global professional services firm EY announced the launch of its new EY Climate Resilience Center of Excellence (CoE) EY Climate Resilience Center of Excellence (CoE) based in Singapore, focused on supporting organizations with assets, operations, supply chains, communities and investment decisions exposed to climate, energy or nature-related risks.
Led by EY Climate Change and Sustainability Services (CCaSS) Partners Sunil Yadav and Amandeep Bedi, the new CoE brings together multidisciplinary capabilities and technical knowledge, with team members including engineers and climate and sustainability specialists and practitioners with experience across areas including biodiversity, policy, sustainable finance, and gender and social inclusion, to help organizations to help organizations better understand climate risks and identify practical solutions to enhance resilience.
The new CoE will focus on three overarching themes, including Energy resilience, targeting the advancement of low-carbon, efficient and diversified energy systems through renewable energy deployment, grid modernization, regional interconnections and energy efficiency; Climate adaptation, with a focus on reducing vulnerability to physical climate impacts through infrastructure investment, adaptation planning and innovative financing through infrastructure investment, adaptation planning and innovative financing, and; Nature and biodiversity, with a focus on using nature-based solutions, ecosystem restoration and biodiversity conservation to reduce climate vulnerabilities, strengthen livelihoods and support long-term economic resilience.
Amandeep Bedi, Co-Leader of the EY Climate Resilience CoE, said:
“Leveraging the EY network across Southeast Asia, the CoE aims to support boards and C-suites to build a more complete view of their carbon footprint across the broader value chains in the region where data visibility and consistency can vary. It also seeks to help boards and C-suites translate and materialize climate resilience into measurable financial value.”
According to EY, the launch of the new CoE comes as Southeast Asia is one of the most vulnerable regions to the effects of climate change, containing several of the world’s most climate-vulnerable countries, and with rising sea levels and intensifying natural hazards affect millions of people in densely populated areas and coastal zones.
EY also highlighted the CoE’s ecosystem approach, bringing together governments, businesses, investors, academia, technology providers and development organizations to address shared resilience challenges.
Sunil Yadav, Co-Leader of the EY Climate Resilience CoE, said:
“What differentiates the EY Climate Resilience CoE is not a single tool or framework, but its ability to bring together policy- and market-led initiatives and ecosystem players, including governments, businesses, investors and not-for-profit organizations, to address shared priorities through key enablers such as carbon markets, just transition and sustainable financing. This collaborative approach helps organizations move beyond strategy toward actionable investment agenda with measurable outcomes — strengthening resilience while creating long-term business, economic and societal value.”
