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 Milestone

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

COVID-19: MEPs debate how to best protect cross-border and seasonal workers

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

The EU Parliament sidesteps the real issues about banks, while the US target the Eurozone lenders

‘Transformational benefits’ of ending outdoor defecation: Why toilets matter

‘Business as usual’ will not achieve global education goals

‘Action and tangible progress’ needed to finally ‘win the peace’ for Syrians: UN envoy

‘Massive and protracted’ humanitarian crisis in DR Congo can be ‘beaten back’ if donors step up

French full-body veil ban, violated women’s freedom of religion: UN Human Rights Committee

How young people are turning the tide against corruption

Japan should reform retirement policies to meet challenge of ageing workforce

Four ways we can fix economics in 2019

Peace dividend palpable in South Sudan, but ‘grassroots’ are moving faster than elites, says Shearer

Researchers have invented a brick that can build itself

Why sustainable packaging is good for profits as well as the planet

New poll shows what people think coronavirus will do to their economies

DR Congo: Strengthened effort against Ebola is paying off, but insecurity still major constraint – UN health agency

MEPs vote to limit negative impact of no-deal Brexit on citizens

The MWC14 Sting Special Edition

The EU approves a new package of budget assistance to the Republic of Moldova to support rule of law and rural development reforms

South Sudan: UN rights experts see little headway on peace deal amid spike in local-level violence

Denmark’s last circus elephants are retiring – here’s what might take their place

A major win for transgender rights: UN health agency drops ‘gender identity disorder’, as official diagnosis

Texting is a daily source of stress for 1/3 of people – are you one of them?

Italy and Greece zeroed their fiscal deficits, expect Germany’s response

COP21 Breaking News_12 December: The New Draft Agreement!

“One Belt One Road”: Its relevance to the European Companies

Why do US presidential elections last so long? And 4 other things you need to know

2014 will bring more European Union for the big guys and less for the weak

Markets can accelerate the transition to a low-carbon economy

MWC 2016: IoT experts fret over fragmentation

The EU sides with China against the US; but has Germany capitulated to America?

Brexit: new European Parliament reaffirms wholehearted support for EU position

Four million Syrian children have only known war since birth: UNICEF

Commission paralysed before the banking leviathan

Eurozone and Britain heading in different directions

A Sting Exclusive: “Regulators and the shipping industry collaborating for a sustainable future”, written by the Secretary General of IMO

4 ways Africa can prepare its youth for the digital economy

Iraq: Over 150,000 children endangered by ‘freezing’ temperatures, warns UNICEF

Happiness apps: how schools are joining the fight for better student mental health

Will Eurozone be able to repay its debts? Is a bubble forming there?

Female leaders warn about the erosion of women’s rights

What do Europeans believe about the crisis and the possible way out?

Despite falling attacks, ISIL terrorists remain ‘global threat’: UN report

In this ‘wildland’ farm in Britain, species thrive and yields are high

Member states jeopardising the rule of law will risk losing EU funds

UN experts warn Assange arrest exposes him to risk of serious human rights violations

Brexit: reciprocal visa-free access for EU and UK nationals

These are the world’s least – and most – corrupt countries

Eurozone needs more than some decimals of growth

EU budget 2021-2027: Commission calls on leaders to set out a roadmap towards an autumn agreement

The role of employers in the post #MeToo era

Urgent action needed to address growing opioid crisis

Greece leaves EU aid program, gets last 15 billion euro

International data flows: Commission launches the adoption of its adequacy decision on Japan

The Ultimate Career Choice: General Practice Specialist

Humanitarian Aid: EU provides €8.1 million for most vulnerable in South and South-East Asia

45th Anniversary of the French Confederation (Confédération Nationale des Junior Entreprises)

Banning out-of-hours work emails could make some employees more stressed, research finds

UN calls for funds to ease ‘deteriorating’ humanitarian situation in Gaza and West Bank

Trade is not a weapon. Let’s not use it as one

More Stings?

Advertising

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