Today’s climate challenge is so far beyond our collective experience that it demands a radically different kind of engagement from senior leadership teams in the private sector. The threats that climate change poses to business, markets, and, indeed, capitalism are peculiarly hard for most top teams to spot, let alone act on.
The water is nibbling away the beaches of Fiji. Not even the dead are allowed peace of mind. The graveyard of Togoru — a village on the largest island of Fiji — has been submerged. The waves are sloshing softly against the tilted tombstones covered with barnacles. The names have become illegible, erased by the sea.
A new study finds land-use like grazing and managing forests for resource extraction may have released more carbon than previously thought. Its results indicate the world’s terrestrial vegetation is currently sequestering less than half its full carbon-storage potential.
Climate change is affecting wind energy’s potential to provide power, diminishing a renewable energy source that scientists and policymakers are counting on to replace fossil fuels, according to two scientific studies.
Our planet is warming, and we’re to blame. Burning of fossil fuels adds carbon dioxide to the atmosphere, which insulates the atmosphere and traps heat. To try and combat this, countries and energy companies are investing in cleaner energy sources like wind and solar.