Our Planet Climate and Geopolitics
2024 was the year “nature” entered the boardroom. According to CDP there’s been a 20 per cent year-on-year increase in the number of companies measuring and reporting how their operations and value chains impact nature.
Private sector attempts to tackle biodiversity loss, water scarcity, food insecurity and health risks have become increasingly important for corporate reputation and balance sheets.
Estimates from IPBES, the nature equivalent of the IPCC, suggests the global economy is losing up to $25 trillion a year because sectors such as agriculture, energy and fishing aren’t accounting for how their actions fuel these overlapping crises.
At the same time, scientists say it is “effectively certain” that 2024 will be the first year to exceed the 1.5 degrees warming threshold.
