Heads of 50 major global businesses representing more than $1.5 trillion in total revenue today publish an open letter to world government leaders urging greater collaboration to accelerate outcomes in the race against climate change.
Leaders from the Forum’s Alliance of Climate Action CEOs are committed to using their positions to help meet the Paris Climate Agreement goals. Thirty of the companies that signed the open letter succeeded in reducing emissions by 9%, (more than 47 million metric tonnes in absolute terms) between 2015 and 2016, the equivalent of taking ten million cars off the road for one year.
The open letter is addressed ahead of the UNFCCC climate conference in Katowice, Poland, where government leaders will meet next week to review progress towards delivering on the goals set in 2015.
Alliance leaders call for greater public-private cooperation to accelerate effective carbon pricing mechanisms and policies to incentivize low-carbon investment and drive demand for carbon-reduction solutions. They also highlight the business case for cutting emissions to generate wider support in the private sector.
“If we have twelve years to avoid a ‘hothouse’ earth, we absolutely cannot pursue a business-as-usual approach. Business and government must forge new partnerships that are able to drive results much more quickly than our current international architecture allows,” said Dominic Waughray, Head of the Centre for Global Public Goods, World Economic Forum.
“Business has an increasingly vital role to play in accelerating the shift to a low-carbon and climate-resilient economy. This will require partnerships with other companies, governments at all levels and civil society. It also requires bold leadership and good governance, which will allow long-term creation of shareholder value alongside long-term value for our society. We, as business leaders, are committed to climate action and stand ready to facilitate fast-track solutions to help world leaders deliver on an enhanced and more ambitious action plan to tackle climate change and meet the goals set out at the 2015 Paris Climate Agreement”, said Feike Sijbesma, Chief Executive Officer and Chairman of the Managing Board, Royal DSM, and Chair of the Alliance of CEO Climate Leaders
Among measures taken by members of the Alliance to drive climate action within their businesses:
BT: The UK-based telecom provider is aiming to buy 100% renewable energy by 2020, and to have reduced carbon intensity by 87% from 2017 levels by 2030. It is also aiming to help customers cut emissions by three times its own total carbon impact by 2030.
ENGIE: Having cut coal-fired capacity by 60% since 2016 by closing or selling plants, the France-based energy group has adopted an internal carbon price and is now focusing on low CO2e energy sources like natural gas and renewables, which will represent over 90% of its earnings by 2018.
ING Group: By 2025, the banking group will only finance existing utility clients that use coal for 5% or less of their energy mix. New clients will only be financed if they have near-zero reliance on coal. As of November 2017, 60% of all utilities project financing went towards renewables.
Ørsted: Changed its name in 2017 from Danish Oil and Natural Gas (DONG) Energy to signify its switch from oil and gas to renewable energy. The company has committed to reducing greenhouse gas (GHG) emission intensity from energy production by 96% by 2023, using a 2006 base-year.
Royal DSM: The Netherlands-based global business in health, nutrition and sustainable living was established in 1902 as a nationalized coal mining company. This year it has committed to an absolute GHG emissions reduction of 30% (2016-2030, Scope 1+2), among other by using 75% purchased renewable electricity by 2030. DSM uses an internal carbon price of €50 per ton of CO2e.
Signify: Formerly Philips Lighting, the company has committed to achieve net-zero carbon buildings by 2030 and to operate a 100% electric and hybrid lease fleet by 2030.
The Alliance of Climate CEOs has also provided input into the UNFCCC Talanoa Dialogue and companies will be looking for a clear signal from COP24 negotiations that governments are willing to strengthen their engagement with the private sector. When they meet in Davos in January 2019, a clear focus will be on setting goals for the UN Secretary General’s Climate Summit in September 2019 to further support the urgent action needed – a watershed moment for getting the planet on track to curb emissions and avoid global temperature rise beyond 1.5oC.
View from the C-Suite
José Manuel Entrecanales Domecq, Chairman and Chief Executive Officer, Acciona: “The second-best time to act against climate change is now; the best has already passed. It´s the moment to foster emission reduction, effective carbon prices, key partnership and climate risk management.”
Cees ‘t Hart, President and Chief Executive Officer, Carlsber: “We’re targeting carbon neutrality by 2030 and are excited to work alongside like-minded businesses in our drive to reach the goals of the Paris Agreement, through climate leadership and action.”
John Flint, Chief Executive Officer, HSBC Holdings: “Climate change is a major threat to our environment, societies and economy. Decarbonization of the economy is not straightforward, but it can be achieved by urgent and combined efforts by government, business and policy-makers. HSBC is committed to climate action and has already made significant progress towards our commitment to provide $100 billion of sustainable finance”.
Chen Kangping, Chief Executive Officer, JinkoSolar: “This is the last chance we give to ourselves. Don’t be too late to take action when grid parity is just around the corner.”
Bernard J. Tyson, Chairman and Chief Executive Officer, Kaiser Permanente: “We have a real opportunity to create synergistic public-private partnerships. Working together, we can solve these pressing climate change issues.”
Tex Gunning, Chief Executive Officer, LeasePlan: “Climate change is one of the biggest challenges facing every one of us. That’s why we’re committed to working with the entire stakeholder community to speed up the transition to zero emission mobility. Our ambition is to achieve net zero emissions from our entire fleet of 1.8 million vehicles by 2030.”
“Pollution is having dramatic impact on our climate, our landscapes, our flora and fauna, and our health. We need a higher environmental engagement and a shift towards systems that address the negative and positive externalities of products and businesses. Banks should stop financing dirty businesses and shift financial flows towards a low carbon and more circular economy,” said H.S.H. Prince Max von und zu Liechtenstein, Chief Executive Officer, LGT.
Henrik Poulsen, Chief Executive Officer, Ørsted: ”Green energy is now fully competitive with fossil energy. There is no economic reason for not accelerating the transition to green energy.”
Eric Rondolat, Chief Executive Officer, Signify: “Today’s weather anomalies are the result of a temperature rise of only 1 degree Celsius. Imagine the impact on our daily lives when temperature rises 2 degrees or more. We – both political and business leaders – need to act now and accelerate targeted integrated policy interventions that stimulate sustainable business and safeguard a healthy planet for future generations. The good news is that we can still limit global warming with the latest available technologies, so let’s step up climate action now for the benefit of all”.
Christian Mumenthaler, Group Chief Executive Officer, Swiss Reinsurance Company Ltd.: “Climate change is impacting our societies and will cause irreversible damage if we don’t act. With our partners we need to make societies more resilient and build a low-carbon future”.
Erik Fyrwald, Chief Executive Officer and Executive Director of Syngenta International: “Climate change poses severe threats to food security, rural communities and economies. As one of the world’s leading agricultural companies we are investing more than US$1 billion every year to achieve a coherent approach to meet that challenge.”
The list of signatories includes:
- Ulrich Spiesshofer, President and Chief Executive Officer, ABB
- Pierre Nanterme, Chairman and Chief Executive Officer, Accenture
- José Manuel Entrecanales Domecq, Chairman and Chief Executive Officer, Acciona
- Oliver Bäte, Chief Executive Officer, Allianz
- Peter Oosterveer, Chief Executive Officer, Arcadis
- Gregory Hodkinson, Chairman, Arup Group
- Thomas Buberl, Chief Executive Officer, AXA
- Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer, BASF
- Peter T. Grauer, Chairman, Bloomberg
- Gavin Patterson, Chief Executive, BT Group
- Ion Yadigaroglu, Managing Partner, Capricorn Investment Group
- Cees ‘t Hart, Chief Executive Officer, Carlsberg
- Patrick Allman-Ward, Chief Executive Officer, Dana Gas
- Kim Fausing, President and Chief Executive Officer, Danfoss
- Frank Appel, Chief Executive Officer, Deutsche Post DHL
- Francesco Starace, Chief Executive Officer and General Manager, Enel
- Isabelle Kocher, Chief Executive Officer, ENGIE Group
- Jeffrey McDermott, Managing Partner, Greentech Capital Advisors
- Jean-François van Boxmeer, Chairman of the Executive Board and Chief Executive Officer, Heineken
- Ajit Gulabchand, Chairman and Managing Director, HCC
- Ratul Puri, Chairman, Hindustan Powerprojects (Hindustan Power)
- John Flint, Chief Executive Officer, HSBC Holdings
- Ignacio Sánchez Galán, Chairman and Chief Executive Officer, Iberdrola
- Salil S. Parekh, Chief Executive Officer and Managing Director, Infosys
- Ralph Hamers, Chief Executive Officer, ING Group
- Chen Kangping, Chief Executive Officer, JinkoSolar
- Bernard J. Tyson, Chairman and Chief Executive Officer, Kaiser Permanente
- Sandra Wu Wen-Hsiu, Chairperson and Chief Executive Officer, Kokusai Kogyo
- Jan Jenisch, Chief Executive Officer, LafargeHolcim
- Tex Gunning, Chief Executive Officer, LeasePlan
- Stefan Doboczky, Chief Executive Officer, Lenzing
- H.S.H. Prince Max von und zu Liechtenstein, Chief Executive Officer, LGT
- Michael H. McCain, President and Chief Executive Officer, Maple Leaf Foods
- Jean Raby, Chief Executive Officer, Natixis Investment Managers
- Henrik Poulsen, Chief Executive Officer, Ørsted
- Ross Beaty, Chairman, Pan American Silver
- Robert E. Moritz, Global Chairman, PwC International
- Feike Sybesma, Chief Executive Officer and Chairman of the Managing Board, Royal DSM
- Frans van Houten, Chief Executive Officer, Royal Philips
- Jean-Pascal Tricoire, Chairman and Chief Executive Officer, Schneider Electric
- Eric Rondolat, Chief Executive Officer, Signify
- Takeshi Niinami, Chief Executive Officer, Suntory Holdings
- J. Erik Fyrwald, Chief Executive Officer, Syngenta International
- Tulsi Tanti, Chairman, Suzlon Energy
- Christian Mumenthaler, Group Chief Executive Officer, Swiss Reinsurance
- Don Lindsay, President and Chief Executive Officer, Teck Resources
- Sergio P. Ermotti, Group Chief Executive Officer, UBS
- Paul Polman, Chief Executive Officer, Unilever
- Anders Runevad, President and Chief Executive Officer, Vestas Wind Systems
- Svein Tore Holsether, President and Chief Executive Officer, Yara International
Global Environmental Governance and Biden’s Administration
Being the largest emitter of greenhouse gas in the world, it is the responsibility of U.S to contribute expeditiously to manage the environmental issues at domestic and international level but the previous government, under the leadership of Trump, took back seat and reversed all the decisions of Ex-president Barack Obama to combat the climate change. Unlike this, New Elected President, Joe Biden, who is very enthusiastic and firm to fulfill all the promises regarding climate change which were done during the general election’s campaign. Moreover, he views climate change a thwart to national security. One of the biggest achievements associated with Biden’ administration regarding environmental issues is to bring U.S back into Paris Climate Accord and brought executive order’’ Protecting Public Health and the Environment and Restoring science to tackle the climate crisis’’ on the surface.
A flurry of changes to U.S environment policy is going to play a constructive role in global environmental governance under Biden administration. Even before elections, climate change was one of the top priorities and aimed to put the U.S on a path which leads towards ‘’ Zero Net’’ greenhouse gas emission. In the very early of His office days, He is very committed to deal with the climate change as they hosted ‘’ Climate Day’’ to introduce government climate centric approach to emphasize on the climate change. Biden administration also ordered to revoke a permanent issued for Keystone XL oil pipeline which trump issued for extraction of oil and energy which is dangerous to national ecosystem. In addition to this, they are also very active to promote US role to tackle the climate change at domestic and abroad. At domestic level, Biden’s actions are speaking louder than the words as he has ascribed the climate crisis with a national emergency. At the time of his inauguration, Biden said: ‘’ A cry for survival comes from the planet itself, a cry that can’t be any more desperate or any clearer’’. He also directed his cabinet to work on the policy of ‘’ social carbon cost’’ to measure the cost of actions and how costs will impact the climate change. He endeavors to control the climate change by keeping a strict eye on the big project’s reviewing process before working under the National Environmental Policy Act which calculates the social costs of greenhouse gas emissions.
On international level, Biden has been striving to improve the spoil image shaped by the previous government regarding global environmental governance as he has declared to rejoin the Paris Climate accord which would help to reduce the greenhouse gas emission. In the result of this action, Biden was welcomed by the General Secretary of the United Nations and French Prime Minister Emmanuel Macron by saying ‘’ Welcome Back to the Paris Agreement’’. Moreover, Biden Administration is very determined to convene a global climate summit on the earth day to encourage leaders to align themselves with scientist to alleviate the impacts of climate change. On international forums, US need to cooperate and compel the economic trade partner to take actions to combat with climate crisis. One of the essential steps taken by the Biden administration is to manage the climate refugees which aim to make strategies to compensate the climate affected migrants.
The thin majority of democratic in the senate does not only limit the possibility for Biden to achieve climate change reforms along strong anti-climate lobbyist business group who are inimical to the reforms particularly relevant to vehicle, power plants and oil and gas drilling industries. Without new climate legislation from congress, it would be not an easy task to implement the climate agenda across the borders. The vocal resistance comes from the coal production sectors which result in burning of fossil fuels and caused of greenhouse gas emissions. Whereas, few sectors are opposing the agenda there are also companies specially electrical vehicles are exclusively offering assistance to Biden for the sustainable development. Undoubtedly, environmental organizations and scientists community applauded the Biden decisions but few business groups have also filed a lawsuit against Biden to not stop the new permit for oil and gas drilling. There are also concerned raised by the community that climate actions will delete many jobs and cause of upsurge in unemployment percentage across the federation.
It is very evident from the ambitions of Biden’s action regarding climate crisis that he is very interesting to mitigate and curb the climate change but it will require highly comprehensive strategy aims to manage the reforms in laws while taking congressmen in confidence because most of them are not in favor of climate actions due to clash of interests. On the other hand, there is need to work on renewable energy resources at domestic and international level and for this US should compensate the companies to compete with the old capitalized firms which do not want safe and peaceful planet. Moreover, there is need to bring reforms in existing environmental treaties and their compliance process which should be strictly followed by the harsh actions against the violators. The process of financing the agendas which are very environment friendly and transforming the resources to the periphery states should be done swiftly to improve the environment across the globe. The aims of achieving sustainable development should be promoted and supported by the US across the world.
EU-Asian Partnerships are necessary to prevent the next pandemic
COVID-19 has demonstrated the vulnerability of global supply chains and revealed the ever-increasing ecological dangers of industrial expansion, which has amplified the risks of diseases migrating from animals to humans. This is demonstrated in a new report launched by UN Secretary-General Antonio Guterres which argues that to prevent future pandemics the world must cooperate to addresses interlinked challenges presented by biodiversity, pollution and the climate crises. The UN chief encouraged everyone to use the report to “re-evaluate and reset our relationship with nature”.
This is precisely the time for countries in the European Union (EU) to re-evaluate their trade relations with producer nations in order to protect local environment and prevent deforestation.
The relationship between deforestation and public health and cannot be denied. Unfortunately, in recent years the EU’s economic model has not paid sufficient attention to sustainability, trade and global forest management. So far, the EU’s approach to trade has ended up alienating the most important areas of biodiversity in Asia, while emboldening some of the biggest despoilers of biodiversity and polluters in the Americas.
The Konrad Adenauer Foundation, the leading think-tank of Germany’s ruling political party, has published its own report on how EU policies have unfairly targeted Asian commodities by fostering protectionist market dynamics which harm the environment.
In one case in point, the EU initiated a ban on the import of palm oil from 2030, as a means to reduce deforestation in Asia. However, scientific evidence actually indicates that sustainably cultivated palm oil is far better than other seed oil alternatives – rapeseed, coconut, soy and sunflower. Those commodities need up to ten times more land to produce the same amount of oil. Therefore, instead of halting deforestation, the ban simply transfers the effects of ecological degradation elsewhere – namely within the EU on the back of domestically produced commodities.
Meanwhile the EU continues to import beef and soy, the top two contributors to deforestation globally. In fact, beef production requires more than double the forest land than for the production of soy, palm oil, and wood products combined. Land clearing for beef and soy production in the Amazon has reached a 12 year high, leading scientists to warn of an irreversible ‘tipping point’ that could mean huge drought, forest death, and release of great amounts of stored carbon to the atmosphere.
As the Konrad report indicates, the move to ban palm oil while maintaining beef and soy imports is a double standard that has created a trust gap between the EU and ASEAN nations. This has inhibited collaborative efforts to combat deforestation as EU policies exclude ASEAN nations from important sustainability debates. Moreover, the EU ban does nothing to cease palm oil production. Producer nations will continue to produce without adhering to EU environmental standards and regulations. This will spell disaster, not only for the diverse wildlife found in Asia’s tropical forests, but for humanity’s public health – a correlation which cannot be divorced from the economy.
If the EU sought out a trade deal with ASEAN then it could integrate mandatory sustainable standards and enforce regulations to produce sustainable palm oil and limit deforestation. The EU could also work with existing schemes like the Malaysian Sustainable Palm Oil (MSPO) standard, which purportedly meets the EU’s key sustainability criteria and is the standard against which almost 90% of Malaysian palm oil is now produced.
This is an example of how the EU has overlooked Asian success stories in creating adaptable blueprints through strict and proactive measures which have largely kept the virus at bay and allowed their economies to stay afloat. While Europe’s economy is only expected to grow by 3.7% in 2021, ASEAN nations are predicted to rebound over 6%.
That means we could have the best of both worlds; trade that opens up two powerhouse regions to a new era of economic vitality and cooperation – underpinned by ecological conservation through an unfailing commitment to protect pristine ecosystems, exotic wildlife and precious forests.
The EU should use the lessons of the pandemic to capitalize on its environmental goals, working with producer nations to ensure they are participating in ethical markets and enforcing sustainable practices which maintain biodiversity.
If the EU can build a global coalition with Asia, which prioritises trade and sustainability, they can underpin a bold new era in the fight for thriving, Covid-free economies.
Such cooperation would empower the European Union to encourage environmental consciousness across Asian economies—by incentivising compliance with laudable environmental goals and dis-incentivising noncompliance. There would be significant economic benefits to EU consumers as well like access to efficient and affordable edible oils from rapidly growing emerging markets. While in turn the producer would have access to the EU’s uniquely large market.
These are clearly more than enough reasons to compel the EU to act. Let’s hope they start soon.
Making Women Visible in Plastic Waste Management: Examples from Indonesia
Plastic Waste: Long History, Massive Consumption
Plastic was invented by John Wesley Hyatt in 1869 and has an original sense of “pliable and easily formed.” It is known as a polymer material. However, Leo Baekeland introduced the revolutionary of plastic in 1907, with the intention of creating a material that could be used as an insulator, was versatile, heat resistant, and could be mass-produced in large quantities. The glory of plastic was exalted during World War II, when the plastic industry in the United States expanded rapidly. Since it could be used to replace natural resources that had become scarce due to the war, plastic use peaked during that time span. Since then, plastic has been touted as an “award-winning” commodity due to its plethora of uses. Unfortunately, the use of plastic distracted in the 1960s as people became more worried about environmental issues and discovered that many coastal lines in America were littered with plastic waste.
These days, plastic can be categorized as the most manufactured materials in the world and commonly used by society. From the latest data by IUCN, over 300 million tons of plastic are manufactured yearly and utilized as main materials for industry and households. About 8 million metric tons of plastic wastes end up in our coastal zones every year, posing a serious threat to our marine ecology and ocean sediments. By the end of 2040, it is estimated that the amount of plastic waste dumped along the coast will be tripled compare with today.
In most developing countries, plastic contamination has become a major problem that requires immediate concern and management. Indonesia is currently the world’s second-largest plastic polluter after China, and produces about 200,000 tons of waste every day, which is thrown into the coastal areas. Despite the fact that there are plenty studies on plastic waste, people still ignored the problem due to their lack of knowledge and awareness about how harmful the effect could become in the upcoming years. Plastics production and consumption will make greater impacts not only on human health because it contained chemicals, but also will change human behavior to environment, both men and women. In Indonesia, women take role as the main contributor to raise such awareness in segregating and sorting plastic waste. This fact is parallel with the research that has been conducted by Phelan et al (2020) in two small islands in Indonesia (Selayar and Wakatobi), which found that women are mostly identified as binners (those who manage waste disposal) while men are likely identified as litterers. It was noted that almost 60% of women are in charge of household waste management, while only 40% of men involve in this activity. Women are expressing an interest in learning more about waste management, especially to learn about the next steps or what happens to the waste after disposal. Men, on the other hand, are taking important roles in waste collection and disposal process.
Gender Sensitive Approach to Manage Plastic Waste
Women play an important role in the use and recycling of plastic, but their contribution is often overlooked by many stakeholders. Plastic waste management is viewed solely from a scientific standpoint, with little consideration given to the gender implications. For example, at the micro level (households), it is customary for women to have control over the purchase of food and home-products (which has influenced them to use plastic packaging), but they may also be recycling and processing the plastic for other uses at the same time. As a result, their involvement and inclusion are critical in every attempt to enhance waste management and reduce plastic pollution. When looking at recent developments in the field, the relevance of gender-sensitive approaches to handling plastics becomes even more apparent.
Plastic waste management is not something that can be done overnight because it necessitates continuous steps and massive behavioral changes on the part of all parties concerned. Since women play such an important role in the use and recycling of plastic waste, it is critical to involve them as a key player in changing household and community disposal habits. Furthermore, as the primary caregivers in the home, women should raise awareness among family members about the dangers of plastic waste. Similar actions can be taken in society; for example, women can organize a soft-campaign and disseminate waste management information to the community (through regular social gathering conducted by women that called ‘arisan’ or regular religious meeting in community that called ‘pengajian’).Women, at the other side, cannot act alone; they need a cost-effective and simple plastic waste management system, as well as waste management training (which has been initiated by local governments and NGOs). Hence, providing a plastic collection station will help many stakeholders embrace this action. Finally, strong commitment and collaboration from relevant parties can help to improve plastic waste management.
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