THERE is a sense of inevitability in the air. The world is finally galvanising resources through policies, legislation, and capital to combat the slow-acting, but existential threat to planet Earth.
The debilitating impact of the Covid-19 virus has catalysed a greater sense of urgency for the environmental, social and governance (ESG) agenda.
Extreme weather conditions and the impact on biodiversity ought to worry the world. On the current trajectory, the world faces a temperature rise of around 2.7°C by 2100, according to projections by Climate Action Tracker.
The landmark 2015 Paris Agreement crystalised the world’s commitment to limit global warming to 1.5°C above pre-industrial levels by the end of the century. Global net CO2 emissions must be cut to zero by around 2050 to meet this ambition.