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The self-assessment does not provide detailed information about the actual preparedness for climate change in the private sector, and, with a few notable exceptions like the insurance sector, little is known about private sector adaptation from the open literature across Europe. A targeted dialogue between government, research institutions and vulnerable private sector parties on climate risks and climate change preparedness would not only fill a knowledge gap, but also allow for public bodies to support private sector parties to take actions in view of reducing their vulnerability, e.g. by raising awareness and by using their knowledge and experiences in co-producing relevant knowledge and services related to risks and response options.