With the new year, Adaptation Leader is restructuring how it does business. This month the equity partners of Adaptation Leader LLC dissolved the existing corporation and steps have already been taken to transition to a not-for-profit entity. The new organization, Adaptation Leader Inc., is now a Maryland 501(c)3 entity and has achieved IRS tax exempt status. Ira Feldman continues as Adaptation Leader’s Founder & Managing Director. The newly-installed Adaptation Leader board of directors includes prior senior advisors Tom Baumann, Adam Saslow, Peter Soyka and Nina Gardner. Other independent members of the board will be named later this year.
As a not-for-profit, Adaptation Leader will continue its emphasis on several specific topics relevant to adaptation and resilience. Our internal teams will still include: ESG (Environment Social & Governance in the Financial Sector); NbS (Nature-based Solutions); CLR (Community-level Resilience); and a Metrics, Standards & Assurance team. These are our core “sweet spots.” Other areas of special interest will be Blended Finance, such as public-private partnerships (PPPs) and Foresight & Scenarios.
The Adaptation Leader secretariat will function as the hub for the organization’s activities. In additional to leadership and staff to be based in the secretariat, the newly-reorganized company will pursue its activities through a “hub & spoke” or network approach. Senior practitioners, policymakers and scholars will participate as “affiliated experts” through their own practices or institutions under working agreements with Adaptation Leader. In the near term, Adaptation Leader plans to add several additional senior experts to the mix who will focus on one or more of the team’s sweet spots. Each team will continue to develop innovative approaches to adaptation solutions and policy.
As a not-for-profit, Adaptation Leader is more ideally positioned to conduct its research and analysis; to serve as a thought leader, as an agenda setter, and as a convener of online and in-person activities; and to provide advisory services to all stakeholders. The Adaptation Leader website has been updated <www.adaptationleader.org> and all emails for team members have been changed to the .org suffix to reflect our not-for-profit status.
For further information, please contact: Ira Feldman <ira@adaptationleader.org>