Early Warning Systems to Build Nature-Positive and Climate-Resilient Businesses

Climate change is no longer a concern for just environmentalists.?

With life-altering and business-threatening climate events getting more frequent, we see a growing urgent need for companies and other entities to leverage early warning systems to help them prepare for these events and mitigate their damage. But according to a 2021 UNGC-Accenture survey of 1,232 CEOs, only 7 per cent of CEOs say they have mature early warning systems in place. “Climate change is a clear and present danger. The time to act is now,” urges 埃森哲 experts Sanjay Podder , Shalabh Kumar Singh , H. James Wilson , and Giju Mathew .

This article is an informative and timely read on early warning systems that are critical in providing businesses with the necessary information to prepare for and respond to climate risks. The authors provide concrete examples and suggestions for businesses to build resilience to climate risks and emphasise the need for collaboration between businesses, governments, and civil society to build nature-positive and climate-resilient economies.

Here are a few of them:

1. Early warning systems can improve risk management, enhance reputation, and increase resilience in the face of future challenges. Companies can not only protect themselves, but also contribute to a more sustainable and resilient future for all.
2. Nature-based solutions, such as the restoration of wetlands, forests, and mangroves, can help businesses build resilience to climate change. These solutions not only provide environmental benefits but also create economic opportunities for businesses like eco-tourism and sustainable forestry.
3. Effective early warning systems require accurate data and information, strong communication networks, and collaboration between different stakeholders, including businesses, governments, and civil society organizations.

Sanjay Podder is the Managing Director and the Global Lead for Technology Sustainability innovation at 埃森哲 . Shalabh Kumar Singh is the Principal Director and the Global Lead for Sustainable Technology and Cloud-related Thought Leadership at 埃森哲 . H. James Wilson is the Global Managing Director of Thought Leadership and Technology Research at 埃森哲 . Giju Mathew is a Senior Manager in Technology Research at 埃森哲 .

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