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As such, attention is likely to quickly turn to alternative avenues for accelerating the development and adoption of the lower-carbon shipping technologies and practices that remain in the pipeline.
Amidst the escalating impacts and threats of climate change, heads of state, negotiators, climatescientists, activists and business leaders prepare to meet for COP27, taking place in Sharm El-Sheikh, Egypt. The consequences of inaction are already being felt globally, with the world’s vulnerable most severely impacted. .
“The harsh reality is that emissions are continuing to rise,” says Philipponnat, adding that much of the discussion among policymakers has centred around reducing the CO2 intensity of our globaleconomy. As these perilous climate projections unfold, one might expect an inevitable upheaval in the globaleconomy.
That difference brought the two of us together, as a climatescientist and an investor, to discuss how industrial zones around the world could, within a few years, tell a drastically different story about our climate. We joined together, one climatescientist and one investor, to share our sense of despair and hope.
At Ceres, Bob founded the Investor Network on Climate Risk and co-founded the Global Reporting Initiative (GRI) which has helped shape the field of corporate sustainability and now emerging mandatory requirements for Environmental, Social, and Governance (ESG) reporting.
Climatescientists have unambiguously told us how to avoid the grimmest consequences of climate change: achieve net-zero emissions by 2050. Our goal is to take this 'whole-of-government' approach and turn it into a 'whole-of-economy' approach. The plan builds the infrastructure for the economy of the future. .
This means you better listen to what they say about climate change. Also according to the institute , the globaleconomy could face a 50% loss in GDP between 2070 and 2090 unless immediate policy action on risks posed by the climate crisis is taken.
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