Economic Risks & Environment
(c) Srinivas Varadarajan

Economic Risks & Environment

2015 is about to herald soon, while the fiscal risks, oil price collapse have only added to the misery the other major risks continue to get a step motherly treatment across the globe. Looking back at the major economic risks which continues to haunt us with no easy fix is the environment and sustainability related risks.

Environment related risks like Water, Climate Change (the major cyclones/thunderstorms we had this year, unseasonal rains and snowfall across europe, americas and asiapac) is making a dent into the GDP of many countries.

Going forward the impact of climate change will only increase. Business will understand only if it is stated in terms of the impact to their top and bottom lines.

How do we measure and illustrate climate change ?. Using satellite imaging and other techniques, NASA has done some pioneering work on climate change. https://climate.nasa.gov/evidence/ . The atmospheric carbon dioxide at present is highest ever during the last 650,000 years, global sea levels rose nearly half a feet during the last 100 years, half a million square miles forest cover was lost during the last decade.

Call to Action

Until recently the climate change initiatives focused on asking people and business to reduce carbon foot print, save trees, save water etc. These calls have been largely ignored.

Climate change is no longer about saving the planet, it is about saving ourselves and our businesses and economic interests too. Needless to say a healthy planet leads to healthy economies and people. Whether you are an individual, an institution or a business - its all about your survival and prosperity, make a head start today

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