Saturday, July 2, 2022
The Green Market Oracle
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Fossil Fuels
    • Renewables
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
The Green Market Oracle
No Result
View All Result
Home Other

Climate Change Highlighted at the WEF in Davos (2013)

by Richard Matthews
January 28, 2013
in Other
0

As we emerge from a global recession, climate change is once again on the global agenda. During the week of January 21 -25, many of those present for the World Economic Forum (WEF) in Davos Switzerland, acknowledged that climate change has very significant economic ramifications. Both President Barack Obama and UN secretary-general Ban Ki-moon highlighted climate change as a top priority in Davos.

“There was mostly silence on climate change for the last two years at Davos,” said Fred Krupp, president of the Environmental Defense “But that has changed. The US drought, especially, has grabbed people’s attention here in Davos because that has had a real effect on prices.”

“The US has to be among the leaders in this global discussion, so it is a positive development,” Andrew Liveris, CEO of Dow Chemical, said of Obama’s inauguration speech, in which he made climate change a priority for his second term.

At the Davos summit, UN chief Ban Ki-moon indicated that he was also encouraged by Mr Obama’s speech, while warning that climate change was approaching “much, much faster than one would expect”.

Former Mexican president Felipe Calderon warned of “a climate crisis with potentially devastating impacts on the global economy”.

Christine Lagarde, managing director of the International Monetary Fund, made the point by saying: “Unless we take action on climate change, future generations will be roasted, toasted, fried and grilled.”

However, the scope of the response from politicians and businesses is nowhere near what it needs to be if we are to stave off the worst impacts of climate change. The United Nations sponsored climate talks have agreed on a mandate to draw up a climate change plan by 2015 but it will only come into force in 2020.

While renewable energy continues to grow, the rapid growth in shale gas has hampered the growth of renewables. According to a WEF study, the world will need to invest $700 billion each year to curb fossil fuel use. The International Energy Agency warned that current trends indicate the world will burn around 1.2 billion more tonnes of coal per year by 2017 than it does today

Although more businesses are getting involved with sustainability, they require a clear regulatory framework from governments if they are to effectively plan for the future. As yet, this regulatory framework is not forthcoming.

And an analysis by Ecofys for Greenpeace, presented at Davos, found that just 14 carbon-intensive projects worldwide are set to increase global CO2 emissions by 20 per cent, or 6 gigatonnes. They range from coal expansion in Asia to the tar sands of Canada.

Addressing a packed plenary, Lagarde made the case for tackling the environment. Climate change she said, is “The biggest economic challenge of the 21st century… Make no mistake: without concerted action, the very future of our planet is in peril.”

Despite the slow pace of progress, it is heartening that world leaders are once again talking about the importance of acting to protect our environment from human activity.

© 2013, Richard Matthews. All rights reserved.

Related Articles
New Support for the Interconnectedness of the Economy and the Environement
WEF Global Risks Report 2013
The Green Economy is the Right Solution for our Troubled Times
Greentech and Renewables Help the Economy and Create Jobs

Historic Opportunities in the Green Economy
Corporate Sustainability is Driving Green the Green Economy
Launching of the New Global Green Economy
The False Choice Between the Economy and the Environment
British Government to Lead the Green Economy
The Growth of London’s Green Economy
Republican Governors See Value in Green
California’s Government Partnerships are Driving the Green Economy
State of Green Business Report 2012
The Circular Economy (Video)
A Resource-Based Economy (Video)
China Leading the Green Economy (Video)
Building Gateways to the Green Economy
Action on Climate Change

ShareTweetShare
Previous Post

National Day of Action in Canada Protesting Conservative’s Assault on the Environment

Next Post

New Support for the Interconnectedness of the Environment and the Economy

Related Posts

Seasons Greetings from the Green Market Oracle

by Richard Matthews
December 24, 2021
0

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Environmental Plebiscites: Municipal Referendums and State Ballot Initiatives

by Richard Matthews
November 12, 2020
0

The November 3rd election not only elected an environmentally responsible president it also gave Americans a chance to vote on environmental issues in five state ballots and two city referendums. Americans ...

Next Post

New Support for the Interconnectedness of the Environment and the Economy

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

different types of economic systems assessed by sustainable development goals
Economics

Types of Economies and their Implications for Sustainability

by Richard Matthews
June 28, 2022
0

What are the different economic systems and what is a sustainable economy? These are important questions that need to be...

Read more
The facts about Nuclear Energy reveal that it is safe and clean but it is not renewable

Fact Check Reveals Nuclear Energy is Safe and Clean but not Renewable

June 13, 2022

Environmental Implications of Three Types of Economies: Brown, Blue and Green

June 3, 2022

Types of Nuclear Energy: Where We Were and Where We are Today

May 31, 2022

The 10 Colors of the Economy and Sustainable Development Goals

April 20, 2022
  • About
  • Climate Change
  • Energy
  • Business and Economics
  • Politics
  • Technology
  • Social Change
  • Events
  • Other

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business and Economics
    • Leadership
    • Supply Chains
  • Economics
  • Energy
    • Fossil Fuels
    • Renewables
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Food
    • Transportation
  • Social Change
    • Education
    • Activism
    • Psychology

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In