Climate action: Now is the time to scale up and speed up
What are my takeaways from my discussions at #Davos2020 including yesterday’s panel “Averting a Climate Apocalypse” with opening remarks by Greta Thunberg?
· Corporations must find a sweet-spot somewhere between the outrage of the younger generation and the optimism of the entrepreneur seeking to create sustainable climate solutions that are viable both politically and economically. And then step up.
· Individuals can feel powerless – but together we can move mountains. By changing their behavior, people will force companies to adjust.
· Business models and supply chains that contribute to global warming depend on financing. This means that the financial sector – banks, insurance companies and the fund industry – can steer and incentivize change.
· The Asset Owner Alliance (AOA) founded by major asset owners with the backing of the UN, shows how this can be done. All member companies are committed to a carbon free investment portfolio by 2050. An important next step would be that sovereign wealth funds join the AOA. One might have expected them to be leading members of the initiative but so far they haven’t joined.
· Reducing carbon emissions does not need to be at the expense of the poor. Today technological solutions are available that protect the climate and boost social progress. The latter does not depend on fossil fuels anymore.
· Policymakers should set the conditions for a sustainable change of course. We will certainly fail if the 20 countries with the highest greenhouse gas emissions decline to do their part to drive real change.
Davos 2020 confirms that a lot of momentum is building up. Every action from everybody counts. Now it is time for concrete measures, scaling up and speeding up.
Unternehmertum und Menschen. Partnerschaftliche Führung und Kultur. Eine Strategie für das Leben.
5 年… ein bedeutsamer Schritt. Das Verdienst des WEF ist, dass auch hier das Bewusstsein für das Problem und die Dringlichkeit der L?sung in den Zentren der Wirtschaft und Unternehmen zur TOP-Agenda werden muss. Und alles muss schneller werden! Alles geht effektiv und wirksam nicht in Gegnerschaft, sondern gemeinschaftlich, vertrauensbasiert, … innovativ getrieben in der Hauptsache: Für das Leben! Unternehmen Prozesseigener in einer prim?ren und systemischen Rolle und Position. Um ihres Selbst willen. Wenn alles das mit den Lebensfragen zu tun hat, ist Wandel hier prim?r keine technologische Disruption, sondern eine Breakthrough Energy, die zuerst und allen voran mit den Menschen im Unternehmer, Manager und Managementteam zu tun hat. Die Schnittmenge an Gemeinsamkeiten bestimmt die Reichweite des Systems.
Funzionario in Allianz Italia. Middle Manager at Allianz Italy
5 年and slow down useless energy consumption also.
Executive at Allianz Insurance Lanka Ltd
5 年??
CEO at Trailer Dynamics GmbH - Never stop driving!
5 年We are looking forward to contribute with our innovations to significantly reduce the emissions of long haulers. Commercial road transportation is one of the last sectors that have not managed to reduce emissions in recent years. We are very confident that we can make a significant contribution to help to safe the planet for future generations.
Investor @ astorya.vc (Insurance + Seed + Europe)
5 年Cc. Nikolaus Haufler WETTERHELD Florian Graillot