Leveraging current momentum to go green post-Covid-19
MUCH has been discussed about the positive impact that Covid-19 has brought to the environment due to decreased economic activities and emissions. While it is true to a certain extent, these short-term effects alone will not reverse climate change overnight.
According to estimates by the United Nations, more than 110 countries have committed to carbon neutrality. Yet, at the same time, the latest report by UN Climate Change has determined that many signatories, including some of the biggest polluting economies, are not on track to meet the Paris Agreement goals by 2050 based on current projections.
Reducing emissions is also not the cure-all for climate change. To achieve meaningful and sustainable progress for future generations, we will need to consider various plans of action that address every dimension of our lives.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access