Contributor(s): Timo Leiter, Dr Swenja Surminski, Declan Conway | The effects of climate change are already proving devastating for people and for our planet. The new IPCC report, Climate Change 2022: Impacts, Adaptation and Vulnerability, shows us that we must act now to reduce emissions and prepare for current and future climate risks. The Grantham Research Institute produces cutting edge research on climate adaptation, and its researchers are among thousands of experts worldwide to author and review the IPCC report. Here, Swenja Surminski, Timo Leiter and Declan Conway explain how managing the risks of climate change should be embedded in all planning decisions taken by governments, NGOs, businesses, and investors, and how investing in climate adaptation now saves money later.