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Business as a Force for Good: The New Front Line in Tackling Climate Change

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The Sustainable Development Impact Summit closed with calls to build more alliances and give voice to the voiceless, as the world seeks to achieve the Sustainable Development Goals (SDGs).

It is no longer about the cost of action, but about the cost of inaction, which is far greater,” Børge Brende, President, World Economic Forum told global leaders at the closing session of the third Sustainable Development Impact Summit.

I feel emboldened to prove that business can be a force for good,” said Alan Jope, Chief Executive Officer, Unilever, United Kingdom. He added that such an approach benefits shareholders too. Referring to conditions in global supply chains that companies like Unilever use, he added: “We will have better top and bottom line performance if we run our business responsibly.”

“We’ve been talking a lot about how to prevent terrible change to this planet,” Alessandra Onofrio, Co-Founder and Executive Director, Meu Rio, Brazil, said. “We also need to organize people at the front line of climate change and other impacts so they can better articulate their needs and express their power.” Such organization is not just for their own benefit, but to make the SDGs achievable. “If there’s no popular support for a solution, it’s a fragile solution,” she said.

“Ethical business, sustainable business is the only way to do business in the future,” said Jesper Brodin, CEO and President, Ingka Group (IKEA Retail, Ingka Centres, Ingka Investments). “Ethics need to be not just on the surface but in everything you do.” Looking ahead, Brodin said such ethics must include a discussion on how to use technology to benefit society.

Melati Wijsen, Co-founder, Bye Bye Plastic Bags, sharing lessons learned from her successful effort – begun when she was 12 – to ban plastic bags from her home island of Bali, said: “It needs to be a collaborative effort. No one industry or individual can do it alone.” She called for agreement on the precise definition of sustainability and for education reform so young people can engage with climate change and other generational challenges within school walls.

Phillip Atiba Goff, Co-Founder and President, Center for Policing Equity, USA, called for giving voice to the voiceless so they have ownership of and feel trust in institutions. “Those who are closest to the problem are closest to the solution,” he said. “So we need to make those closest to the problem closer to power.”

Referring to the theme of mobilizing action for inclusive societies, Ignazio Cassis, Federal Councillor, Switzerland, said: “Leaving no one behind requires addressing the specific needs of people in vulnerable situations, but also empowering them and engaging them in decisions that impact their lives.”

The Sustainable Development Impact Summit 2019 brought together over 1,000 participants. From the business community, participation among chief executive officers was higher than at any World Economic Forum meeting outside the Annual Meeting. Representation among public figures was 30% higher than in 2018. One third of all participants represented civil society organizations.

Here are the summit’s key outcomes and impacts:

Fighting climate change

  • Colombia’s President Ivan Duque announced plans for a regional eight-country pact to increase the contribution of renewable energy to 70% of all energy by 2030.
  • Duque also announced a new initiative, Biodiverse Cities, aimed at reinvigorating the economic health of cities in the Amazon Basin.
  • The Mission Possible platform was launched with the backing of 23 companies and organizations. Its aim is to achieve carbon neutrality in seven high-emission industry sectors and value chain initiatives representing 30% of all global greenhouse gas emissions: aviation, shipping, trucking, aluminium, steel, chemicals and cement.
  • The Coalition for Climate Resilient Investment, comprising three countries and 30 organizations representing through their membership $28 trillion of assets under management, was launched to promote public and private sector investment in climate-resilient infrastructure.
  • His Royal Highness the Prince of Wales established the Sustainable Markets Council, a public-private philanthropic coalition working towards building and financing a new market approach at global scale.
  • The Food Action Alliance was established as a new partnership between the public and private sectors and international multilateral organizations to support efforts to radically transform global food production.

Protecting our planet

  • The Tropical Forest Allianceconvened a Brazil Strategic Group, bringing together Brazilian and international businesses with the aim of halting deforestation linked to industry supply chains.
  • An affiliate Centre for the Fourth Industrial Revolution is to be established in Norway. The centre will focus on developing policies to accelerate the most innovative emerging technologies for protecting the world’s oceans.
  • Six countries and 39 organizations across multiple business sectors formed the Just Rural Transition,apartnership aimed at helping rural areas prepare for a shift towards climate resilient and sustainable food, land use and ecosystems. The partnership is backed by $12 million of funding from the UK government.
  • Over 100 organizations from across the public and private sector came together to form the Global New Mobility Coalition,a partnership aimed at cutting traffic congestion and reducing transport emissions by 95% by 2050 by integrating shared, electric and autonomous mobility solutions.

Green growth

  • The Global Sustainable Energy Innovation Fund was announced, with the goal of building an investment fund of at least €1 billion for sustainable energy innovation that will be formally launched at the Forum’s Annual Meeting in Davos in January 2020.
  • The Global Battery Alliance announced a 10-year plan to prepare the way for the technology to reduce emissions across energy and transport by 30% by 2030.

Supporting people

  • The Clean Air Fund was launched with initial funding of $50 million to focus multistakeholder efforts on helping the 90% of people worldwide that breathe polluted air. Projects are already under way in Poland, India and China to deepen research and scale solutions. The goal is to increase the size of the fund to $100 million through philanthropic donations.
  • The Government of Egypt joined the World Economic Forum’s Closing the Gender Gap Accelerator programme, aiming to increase women’s participation in the labour force, increase integration into leadership positions, close wage gaps and provide women with the skills of the Fourth Industrial Revolution.
  • The UHC2030 Private-Sector Constituency published a new statement confirming private-sector commitment to providing universal healthcare by 2030.
  • A partnership between the International Committee of the Red Cross, World Bank and World Economic Forum published a framework to facilitate greater private-sector investment in projects addressing humanitarian crises or fragility.
  • The Forum’s Media and Entertainment Industry team established a partnership of consumer brands, media platforms, content producers, distributors and civil society to support digital safety by tackling hateful, violent, racist and terrorist content online.
  • The Country Financing Roadmap, which provides countries with actionable steps to unlock capital to meet the SDG’s, was launched with Saint Lucia as the first country to develop the Roadmap.

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Green transformation will rival industrial revolution

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IMF chief Kristalina Georgieva and US Climate Envoy John Kerry discuss climate action on the CNN news channel. Image: IMF

The transition to a global economic model which will slow down climate change and create jobs will be the “biggest economic transformation since the industrial revolution” according to John Kerry, the US climate envoy.

Mr. Kerry expressed the view in a discussion with Kristalina Georgieva, the head of the International Monetary Fund as part of the 2021 Spring meetings of the IMF and World Bank.

They agreed that a “green and resilient recovery” from the COVID-19 pandemic is possible but economic growth globally is likely to be slow and uneven.

‘No bank will fund a new coal plant’

John Kerry: There are many ways that we can address the climate challenge in America. President Biden has put a $2 trillion plan on the table, which will result in 500,000 charging stations for electric vehicles being built in the country, thousands of electric buses, including school buses, and a target of 100 per cent carbon-free power, by 2035.

All these measures will generate actions in the private sector. The decisions of some of the largest financial institutions in the world are being driven by environmental, social and governance (ESG) factors, and trillions of dollars is going to be invested in this new sector to avoid sheer catastrophe. We’re way behind, but we believe that this is going to be the biggest economic transformation since the industrial revolution.

In Europe, no bank or financial institution or even private source will fund a coal-fired power plant, but we have to move away from coal faster. Many old coal-fired plants are operating at less than 50 per cent efficiency. They are losing money and are not even sending energy to the main grid. They could be phased out over a period of time. Gas will, to some degree, be a bridge fuel [to renewables].

The United States could help mobilize finance to reduce risk, and then bring more money to the table for a commercial investment in alternative fuel sources.

Kristalina Georgieva: At the IMF we have identified three pillars in the transition to a low-carbon economy. First of all, put a price on all carbon emissions. Today only 23 per cent of emissions are being priced. The average price is $2 per ton. By 2030, we need to be at $75 a ton.

Second, funding is needed for public investment in green infrastructure. The IMF can support countries in this regard. Five per cent of gross domestic product (GDP) invested now, would generate an additional 0.7 per cent growth every year. This means that the investment would pay for itself within 15 years and create at least 12 million net jobs.

The third, hugely important pillar, is to lessen the impact on those who are currently employed in the high carbon economy. For example, there must be a just transition for miners, so that they can have benefit from new job opportunities. If we raise revenues from carbon pricing, some of that money must be used to provide a buffer, to soften the pressure on those businesses that need to move away from carbon dependency. This is doable, and it must be done.

China and the US

John Kerry : Right now, China is saying that they are going to reach peak emissions by 2030, and that they may be able to reach that target earlier, maybe by 2025. The problem is that the current models shows China peaking but then basically staying at a plateau, rather than sufficiently lowering emissions.

Some 30 per cent of all the emissions on the planet are produced by China, so if we don’t see a reduction between 2020 and 2030, we lose the capacity to keep the global temperature to 1.5 degrees above pre-industrial levels, and we lose the capacity to hit net-zero carbon emissions by 2050.

Every nation must work together on this. If the United States went to zero emissions tomorrow, it wouldn’t make the kind of difference we need because we all have to reduce at the same time. That’s the struggle we’re facing.

China obviously has a need to continue to grow and to develop. We want that, and we’re not begrudging that. We want to work with China and other countries to make sure that they don’t make the mistakes that we made, and that we work together to develop new technologies such as hydrogen fuel, and biofuels for aircraft.

Doing nothing is too expensive

John Kerry: The United States is the number two emitter in the world. We need to do a better job at reducing emissions on an accelerated basis. President Biden is stepping up to do that.  He’s hosting a virtual climate summit in April, he has rejoined the Paris climate agreement, and he has put together a $2 trillion piece of infrastructure legislation.

Climate action means jobs, whether in the creation of new energy sources, or transitioning out of the existing ones, building new cars or retrofitting homes. Those are jobs for workers in all countries. We should embrace this.

The economists have warned us again and again: doing nothing is more expensive to our citizens, our taxpayers, than responding to the climate crisis. We spent $365 billion cleaning up after three storms a couple of years ago, but we haven’t invested the $100 billion in the Green Climate Fund that would have provided resilience and adaptation to climate change, and prevented some of that damage from being done. We’re just not making the right choices.

Kristalina Georgieva:  We’ve already started offering a helping hand, especially to countries devastated by natural disasters.  We have put measures in place to help countries to be in a better position when disaster hits. For example, we are discussing with our membership a provision that will make $650 billion available for countries to not only take the necessary measures to deal with the pandemic and its impact, but also to take on the investments necessary for transformation of their economy.

The urgency to act is evident, and vivid: over the last six months, 10 million people were displaced by floods and other forms of natural disasters. Fast-forward to a world in which there are more climate-related disasters, and more migration.
We have a chance to take advantage of a transformation for growth and for jobs. But we are also under tremendous pressure to prevent a future that would be bleak for those we love the most: our children and grandchildren.

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Environmental rights, here and now: working for change in 2021

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COVID-19 hasn’t only raised concern for health. It has also stimulated thought and debate around issues of human rights – including those related to the environment. After all, the emergence of the zoonotic disease has demonstrated that the health of people and planet are one and the same.

All people have the right to a safe, clean, healthy and sustainable environment – pollution-free air and water, land and soil, seas and oceans – and a life free from chemicals.

Pollution claims millions of lives every year. But unlike COVID-19, which has drawn rapid and dramatic attention, pollution is widely dismissed as unavoidable; as a consequence of development and daily life, beyond anyone’s control.

“Environmental rights empower individuals, people, and peoples, and help humanity in addressing the triple planetary crises of climate change, biodiversity loss, and pollution,” said Arnold Kreilhuber, Acting Director of the United Nations Environment Programme’s (UNEP’s) Law Division. “Global recognition of the right to a healthy environment is a unique opportunity to address these pertinent environmental challenges, and to elevate the position of rights-holders in order to ensure that the exercise of these vital rights is available to all.”

This could mean using the law to hold governments and decision-makers to account, or using our purchasing power to influence production trends and business owners. The air we breathe, the water we drink and the world in which we live can mean the difference between life and death. Now is the time to claim the human right to a safe, clean, healthy and sustainable environment.

Says Ben Schachter, Environment and Climate Change Focal Point at the UN Human Rights Office, “States have an obligation to respect, protect and fulfill human rights for all including the rights to participation, access to information and access to justice in environmental matters. These and other human rights empower all people to play an active role in efforts to preserve the environment for present and future generations. We can change the world by exercising our rights and working together to promote informed decision-making about the environment.”  

It has become clear in this time of global pandemic that quality information matters and can inform decisions with the power to change the world swiftly and dramatically. And on the other hand, misinformation can do great harm.

Transformational change begins with education – building a knowledge base and sharing accurate, science-based information. On 15 April (3pmUTC/4pmCEST), the UNEP Law Division, the Office of the UN High Commissioner for Human Rights (OHCHR) and the Wikimedia Foundation will host an online event, exploring the human right to a healthy environment.

The event will launch the 2021 #WikiForHumanRights campaign – a call for volunteers to improve the content on Wikipedia, relating to human rights, environmental health, and the range of communities impacted by the convergent environmental crises of climate change, pollution, and biodiversity loss. The campaign will see communities all over the world populate, strengthen, and translate articles on Wikipedia relating to the right to a healthy environment.

The 90-minute launch event will consider the connection between environmental issues and human rights, how communities are affected by environmental harm and ways for individual and collaborative efforts to create positive change, with live translation available in English, French, Arabic, Spanish and Chinese.

UNEP

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Muscovites Apply for 700 Trees to be Planted in Honor of Their Newborn Children

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moscow plant trees

The Our Tree project launched two years ago by Moscow’s Department of Information Technology and Department of Nature Management and Environmental Protection has quickly become very popular among Muscovites. Thanks to this annual campaign, city residents can now celebrate the happiest event in their family life – the birth of a child – by giving their baby a unique gift – their own personal tree.

Any parent who is permanently resident in Moscow can apply for a tree within three years of the birth of their child. To do so, they need only have an account on the mos.ru website. On average, 700 Muscovites apply for a tree to be planted in honor of their newborn child each month.

In two months, young parents have submitted more than 1,500 online applications to participate in the Our Tree project and plant seedlings in honor of their newborn kids in the autumn. That’s twice as many as during the same period in spring. Acceptance of applications began on January 16 and will continue until June 15.

Last autumn, more than 5,000 trees were planted as part of the project, with linden, Norway maple, pine, white willow and rowan trees being the most popular choices. Spring planting of personal saplings will soon begin.

Eduard Lysenko, Minister of the Moscow Government and Head of the Department of Information Technology, noted that interest in the Our Tree project among young parents is growing every year: in 2019, more than 2,300 trees were applied for and planted, while in 2020 the number increased to 5,000. More than 4,500 saplings will appear in Moscow’s parks this spring thanks to the project participants.

“A set of online services has been created for families with children on the mos.ru portal. The Our Tree project is another opportunity for young parents to celebrate the important milestone of the birth of their child and to contribute to the city’s ecology. Taking part in the project is very simple – just submit an online application on the portal. Some information is filled in automatically from users’ personal accounts, which makes everything even more convenient. On average, Muscovites order more than 700 seedlings to plant as family trees in their favorite park each month,” said Lysenko.

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