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Showing posts with the label 2018 at 01:01AM

How Business Can Play a Critical Role in Slowing Global Warming

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First, the bad news: In October, the International Panel on Climate Change (IPCC) released the latest version of its Special Report on Global Warning , which describes a dire future without immediate and far-reaching action to reduce greenhouse gases — difficult when global emissions continue to rise . The report advises that the severity of climate-related risks climbs dramatically when planetary temperature rises beyond 1.5 degrees Celsius. Previous guidance, including the Paris Agreement and the thresholds set by the Science-Based Targets Initiative (SBTi), was based on a 2-degree Celsius rise. While a further reduction of .5 degrees doesn’t seem dramatic, it’s a change that will have considerable impact on the depth of and timeline for climate action. Companies and carbon emissions The economic and environmental implications of the IPCC report are ominous but mobilizing. So, now, the good news: the strategies and technologies needed to curb emissions already exist. Businesses ...

The Decisions We Make Today are Critical to Ensuring a Sustainable World Tomorrow

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The urgency of the climate crisis is a daily reminder that we must take action. Keep in mind that August 1 marked 2018’s Earth Overshoot Day, the day by which humanity has consumed more resources than could be regenerated by our planet in one year. The need for stronger action The major players – nations, NGOs, and businesses – have not been idle. Three years ago, the Paris climate agreement gave us a better view of the issues. At that meeting we agreed that it’s essential to limit the increase in global temperature to less than 2°C, compared to the pre-industrial level, if we want to avoid a major ecological disaster. But it’s not enough. A report issued last October by Intergovernmental Panel on Climate Change (IPCC) highlights a number of climate change impacts that could be avoided by limiting global warming to 1.5ºC compared to 2ºC or more. That’s why COP24 is expected to see a push for countries to adopt even more ambitious goals, limiting global warming to 1.5°C. This wou...