CSO Connect #2
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Hello ! Welcome to your new biweekly business and climate briefing, where we cover everything you’ve ever wanted to know about CSR! Today's CSO Connect issue includes:
Enjoy... and good luck on your net zero journey! The Greenly team
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Insights ??
Billions for Biodiversity?
700 billion dollars: that's what we need to halt the collapse of biodiversity, as COP16 opened last week in Cali (Colombia) But don't panic: as dizzying as it may seem, this amount is actually not (so) astronomical… As the American media Vox points out, it represents less than what the US spends each year on its army (842 billions in 2024) and far less than global GDP, which stands at over 100,000 billion dollars.
Move faster
Initially outlined in a report by Cornell University and two NGOs—the Paulson Institute and The Nature Conservancy—this estimate gained traction at COP15, held two years ago in Montreal. At that COP, several nations came together with a shared commitment to reach these goals. But what’s actually been accomplished since then? Now, with COP16 underway, the latest WWF report shows a 73% decline in wild animal populations over the past 50 years. In short, we need to pick up the pace.
Where to find the money?
Once we know all that, a number of financial scenarios emerge:
Not so hard after all!
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Behind the Numbers ??
30
The UK puts an end to thirty years of rail privatization. Since denationalization in 1993 under John Major's government, train fares have soared, and there have been numerous delays and cancellations. Against this backdrop, Labour Prime Minister Keir Starmer has made renationalization of the rail network one of his top priorities. And a measure supported by over 76% of Britons!
Phony Quote of the Day ???
? Children are committing suicide because they don’t want to put out CO2. That’s how much they’ve brainwashed and hurt our children. ?
You probably don't know her yet, but Republicans love her. Carla Sands, a former Trump ambassador tipped to become climate and energy advisor in the event of a Republican victory, is on the rise. And she’s not afraid to call out the so-called “environmental extremists” who, she claims, are pushing America’s good kids to the brink of suicide—all because of CO2! But it doesn’t stop there. Carla Sands, no stranger to wild conspiracy theories, recently told a Pennsylvania rally that “our air is cleaner here thanks to natural gas.” And that’s not all: according to her, “climate isn’t really about climate—it’s about Marxism and controlling humanity.” In short, if you’re in the mood for a Halloween fright, her media appearances won't disappoint!
The Unknown Footprint ??
Travel during the U.S. presidential elections
As Kamala Harris and Donald Trump battle over support for fracking, we asked ourselves: what is the carbon footprint of the US presidential election, particularly in terms of the extensive travel involved for candidates and their supporters? To calculate this travel-related estimate, we assumed that a candidate has to travel an average of 2 hours by private jet for each meeting. Added to this is the CO? rejected by those traveling to the meeting. Let's say 5,000 people borrow their average-sized car and they all have to drive 30 miles (50 km) to get there. To sum up:
We can therefore estimate that a candidate's journey emits an average of 44.5 tonnes of CO?. A quick reminder: the annual carbon footprint of an average American person is estimated at 16 tonnes. All this to avoid even talking about ecology…
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