Davos on Climate Change: citizens demanding more actions while CEOs tried to balance profit with sustainability

alexis-sidor-1138705-unsplash

Tumbler Ridge, Canada, Unsplash 2019

Climate change was one of the hot topics during the annual World Economic Forum which took place in the Swiss Alps last week. Sir David Attenborough, English broadcaster and natural historian, outlined the serious impact that humanity is causing to the environment and underslined the urgency of immediate action in order to reverse the ongoing situation.

Regarding EU’s climate contribution is concerned, European Trade Commissioner Cecilia Malmstrom mentioned on January 24 that the Old Continent should increase its ambitions in order to be united and solid. What is more, business chiefs expressed their concern on climate change saying that it can be dealt through the next wave of globalization.

Economic growth vs. climate change

David Attenborough together with Swedish teenager Greta Thunberg were among the people who influenced Davos with their presence and discussions about human accountability on the climate change scourge. There is a dire need to speed up the process to reduce greenhouse gas emissions to normal levels.

The well-known naturalist said precisely: “Now we are seeing that almost everything we do has its echoes and has its duplications and inter-implications across the natural world. We are one coherent ecosystem, it’s not just a question of beauty or interest or wonder, and the essential ingredient – the central part of human life – is a healthy planet. We are in the danger of wrecking that. Growth is going to come to an end, either suddenly or in a controlled way. We need to move beyond guilt or blame, and get on with the practical tasks at hand.”

Greta Thunberg attempted through words of fear to persuade world leaders that immediate actions are desperately needed. The 16-years old Swedish teen cried out: “I don’t want you to be hopeful, I want you to panic. I want you to feel the fear I feel every day and then I want you to act. Either we choose to go on as a civilisation or we don’t”.

Business leaders address environmental goals

EU tech giants and aluminum producers bought a large amount of wind power capacity in 2018 in an attempt to make their businesses more sustainable and green oriented. More specifically, according to WindEurope, an association which promotes the use of wind power in Europe, new wind agreements (so-called power purchased agreements) have been signed of a total capacity of 5 GW increasing to a great extent compared to 2017 figures.

What is more, Procter & Gamble, PepsiCo, Nestlé and Unilever joined forces with waste management company TerraCycle and launched an initiative called Loop which will provide the opportunity to everyone to reuse containers for most of the household products.

Climate change requires political intervention

Last Sunday thousands of people demonstrated across France expressing their disagreement for the current climate situation and asking for practical ideas to be implemented by the French government in order to tackle global warming.

During WEF, many protests, including students, were holding a strike requesting from world leaders and business CEOs to show their will by considering a more practical climate agenda which will bring tangible results. On this matter, Jennifer Morgan, Greenpeace International’s executive director expressed her distress about Davos’ outcome to address climate change.

More in detail, Jennifer Morgan said: “It is deeply disturbing that, as the world tinkers on the brink of a climate catastrophe, avoiding further temperature rise is not at the very centre of all of the meetings of CEOs and world leaders. The solutions are in front of them and they need to prioritise solving this crisis, join the youth who are leading the way forward and thus be on the right side of history. Yesterday there were 32,000 school strike students on the streets of Belgium and today children are taking to the streets of Berlin clamouring for an early coal phase-out. The youth are demanding to be heard, the question is, why isn’t the Davos elite responding with the scale and pace required? Short-term business interests and making a greater profit, whatever the cost to others, clearly remains the Davos elites priority. We have no time to waste.”

Thus, the truth regarding the contribution of business and world leaders is somewhere in the middle. There are companies such as the Alliance of CEO Climate Leaders which use renewable energy sources in order to deal with the climate threat. However, there is still a big gap coming from several companies and countries which are still not climate friendly and burn fossil fuel to maximize profit ignoring the impact on the planet.

But growth and profit should go hand in hand with global environmental sustainability. Countries and companies which will not follow the path towards a greener world will face economic challenges instead of greater gains. Hence, the business world will have to adopt to the new era of high innovation and technological level through which temperature will remain under 1.5°C; the threshold to avoid climate change devastating results.

All in all, business and world leaders together with citizens are responsible for the climate change crisis. It is therefore imperative that everyone shoulders its own responsibilities and burden for this crisis in order to be able to draw a sustainable future in the upcoming two years, which will judge whether the planet will be able to reverse dreadful environmental consequences.

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Italy’s dilemma after Merkel-Hollande agreed loose banking union

Nokia wins Commission’s approval for Alcatel-Lucent acquisition: a new way for antitrust cases?

9 steps to bridging the net-zero funding gap

Innovating together: connectivity that matters

Quality coffee can boost local economies and benefit farmers – here’s how

What has changed in the French politico-economic horizon

Ambitions are affordable for Asia and the Pacific

Here’s how drone delivery will change the face of global logistics

European Youth Forum welcomes strong stance on human rights in State of the Union

UN food agency appeals for access to key storage facility amid fight for Hudaydah

Millions of young people need better job skills. Here’s how businesses can help

‘Leaders who sanction hate speech’ encourage citizens to do likewise, UN communications chief tells Holocaust remembrance event

4 ways to deliver social justice during the COVID-19 recovery

‘Global trust’ declining, ‘our world needs stepped-up global leadership’

Occupational safety and health in a changing world of work

Do not take the EP’s consent on MFF for granted, says Budget Committee Chair

Global spotlight on world drug problem ‘is personal’ for many families, says UN chief

Parliament gives green light to EU-Singapore trade and investment protection deals

UN global education envoy urges new funding for ‘lost generation’ of children forced out of classrooms by conflict

Our Amazon is disappearing in ashes

FROM THE FIELD: ‘Miraculous’ music made by hearing-impaired children

Bias in AI is a real problem. Here’s what we should do about it

Three ways China can make the New Silk Road sustainable

Why skills are keeping CEOs awake at night

EU mobilises emergency assistance following floods in Ukraine

How quantum computing could beat climate change

4 ways to build a net-zero economy by 2050

Coronavirus: EU makes available additional humanitarian funding of €41 million to fight the pandemic

Technology companies have power. They must assume responsibility

EU Copyright Directive: Will US tech giants comply or ditch the EU market?

To Fight the Pandemic, Put Trust and Cooperation Before Politics

The EU slowly exits from “Excessive Deficit Procedure” and hopefully from ‘Excessive Austerity Procedure’ too

Things are bad and getting worse for South Africa. Or are they?

200 women call on tech giants to prioritize online safety. Here’s how

Aid teams respond to escalating southwest Syria conflict: 750,000 civilians are at risk

Libya: Attack on foreign ministry, an attack on all Libyans, stresses UN envoy

Mobility package: Parliament adopts position on overhaul of road transport rules

2020 EU Budget: Performance report highlights swift and global EU response to the coronavirus crisis while supporting key EU priorities

European Youth Forum welcomes establishment of new Youth Intergroup in the European Parliament

Take-home pay growing at lowest level since 2008, as gender-gap persists: UN labour agency

FROM THE FIELD: A UN peacekeepers-eye view of DR Congo

EU-Ukraine Summit: Moving Forward Together

MEPs oppose EU Commission plans to authorise three herbicide-resistant GMOs

Afghanistan: lead MEPs demand safe departure of EU nationals and Afghan partners and urgent tackling of humanitarian crisis

Here’s how sustainable aviation fuel can take off in Europe

A Sting Exclusive: “EU’s Sustainable Finance Action Plan – Laying down the foundations for a Greener Financial System”, by European Commission’s Vice-President Dombrovskis

4 myths about corruption

Climate change and health: public health awareness in an international framework

Wednesday’s Daily Brief: Diplomacy for Peace Day, #VaccinesWork, the cost of war on Afghans, tech and well-being

VAT: New e-commerce rules in the EU will simplify life for traders and introduce more transparency for consumers

Impressions of China

Five things everybody needs to know about the future of Journalism

OECD Secretary-General Gurría welcomes announcement of new trade agreement between the US, Mexico and Canada

A year on from Yemen talks breakthrough, top UN Envoy hails ‘shift’ towards peace, despite setbacks

LGBTQI+ and medicine, in the Land of the Pure

Protecting the ocean is key to fighting climate change

Asian and Pacific economies: decreases in tax revenue highlight need to broaden tax bases

New UN Global Climate report ‘another strong wake-up call’ over global warming: Guterres

This is how to make driving an EV more accessible and affordable

Banking on sunshine: world added far more solar than fossil fuel power generating capacity in 2017

More Stings?

Comments

  1. Please forward to Sir David Attenbourgh on 30.01.2019

    “ BLUE, Royal Blue, OUR world needs YOU”
    Blue is the colour of power in UK.
    Say STAY, SAVE, BLUE PLANET Earth
    LEAD Global future within the EU.

    Blue, blue our world is blue,
    Blue is our future without global change.
    Stay, stay, LEAD 4 10 to secure
    Blue Planet Earth, REVOKE, start TODAY
    Then in 10, WHEN, the planet is secure,
    .

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: