Stakeholder Capitalism: Episode 3 - Planet v profit

Climate Change

The COP27 climate summit held in late 2022 served to focus the world’s attention on the steps necessary to avert catastrophe - including by focusing on the interaction between climate change and water. Despite the stated aim of the Paris Agreement to limit warming to well below 2°C above pre-industrial levels, by having countries voluntarily reduce emissions of carbon dioxide and other greenhouse gases, the world is on track to exceed that threshold. Even 1.5°C in warming is likely to lead to punishing environmental impacts and widespread displacement.This briefing is based on the views of a wide range of experts from the World Economic Forum’s Expert Network and is curated in p...