Climate Insider’s Post

The Intersection of Climate Change and Global Politics As the effects of climate change become more pronounced, they are increasingly shaping global politics and international relations. Impact on Global Politics: Resource Scarcity: Climate change is leading to increased competition for resources such as water, arable land, and energy, which can exacerbate existing tensions and conflicts between nations. Migration and Displacement: Rising sea levels, extreme weather events, and other climate-related impacts are forcing people to migrate, leading to refugee crises and placing additional strain on host countries. Security Concerns: Climate change is contributing to instability in regions already prone to conflict, potentially leading to increased violence and humanitarian crises. Economic Implications: The costs of mitigating and adapting to climate change are substantial, affecting global economies and trade relations. Global Responses to Climate Change: Paris Agreement: The Paris Agreement, adopted in 2015, aims to limit global warming to well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius. Renewable Energy Transition: Many countries are investing in renewable energy sources such as solar, wind, and hydroelectric power to reduce their reliance on fossil fuels and reduce greenhouse gas emissions. Climate Diplomacy: Diplomatic efforts are underway to encourage countries to commit to ambitious climate targets and collaborate on climate change mitigation and adaptation strategies. Current Developments and Future Prospects: COP26: The 26th UN Climate Change Conference of the Parties (COP26) held in Glasgow in 2021 brought together world leaders to discuss and negotiate global climate action. Green Recovery: In response to the COVID-19 pandemic, many countries are incorporating green recovery strategies into their economic stimulus packages, focusing on sustainable and resilient growth. Youth Activism: Young people around the world are mobilizing and demanding action on climate change, influencing political agendas and driving momentum for change. Conclusion: Climate change is a complex and multifaceted issue that requires coordinated global action. By understanding the intersection of climate change and global politics, we can work towards a more sustainable and secure future for all. #ClimateChange #GlobalPolitics #ParisAgreement #RenewableEnergy #COP26 #GreenRecovery #YouthActivism #Sustainability #Geopolitics

In the wake of a difficult climate summit, negotiators at #COP29 agreed to triple climate finance to developing countries to $300B (and still work to raise that to $1.3 trillion annually from public and private sources by 2035). Despite rising climate-related losses globally (up to $2.2 trillion in the last decade), most of them remain uninsured and many inflict significant damage on businesses and their supply chains. At the same time, 55% of CEOs view climate transition as an opportunity for growth, driven by advancements in green tech and government incentives. The global green economy is now a $5 trillion revenue pool with a market cap of more than $7 trillion in 2024, creating major opportunities for corporate expansion. It's no surprise that growth-focused NYSE CEOs surveyed by the Oliver Wyman Forum in 2024 were twice as likely to focus on climate change compared to CEOs who are more focused on cost-cutting. Read more about #CEOAgenda in our report: https://owy.mn/4hmmnLM #Uncharted

In the wake of a difficult climate summit, negotiators at #COP29 agreed to triple climate finance to developing countries to $300B (and still work to raise that to $1.3 trillion annually from public and private sources by 2035). Despite rising climate-related losses globally (up to $2.2 trillion in the last decade), most of them remain uninsured and many inflict significant damage on businesses and their supply chains. At the same time, 55% of CEOs view climate transition as an opportunity for growth, driven by advancements in green tech and government incentives. The global green economy is now a $5 trillion revenue pool with a market cap of more than $7 trillion in 2024, creating major opportunities for corporate expansion. It's no surprise that growth-focused NYSE CEOs surveyed by the Oliver Wyman Forum in 2024 were twice as likely to focus on climate change compared to CEOs who are more focused on cost-cutting. Read more about #CEOAgenda in our report: https://owy.mn/4hmmnLM #Uncharted

In the wake of a difficult climate summit, negotiators at #COP29 agreed to triple climate finance to developing countries to $300B (and still work to raise that to $1.3 trillion annually from public and private sources by 2035). Despite rising climate-related losses globally (up to $2.2 trillion in the last decade), most of them remain uninsured and many inflict significant damage on businesses and their supply chains. At the same time, 55% of CEOs view climate transition as an opportunity for growth, driven by advancements in green tech and government incentives. The global green economy is now a $5 trillion revenue pool with a market cap of more than $7 trillion in 2024, creating major opportunities for corporate expansion. It's no surprise that growth-focused NYSE CEOs surveyed by the Oliver Wyman Forum in 2024 were twice as likely to focus on climate change compared to CEOs who are more focused on cost-cutting. Read more about #CEOAgenda in our report: https://owy.mn/4hmmnLM #Uncharted

Fractured talks at #COP29 concluded with developed nations agreeing to help channel “at least” US $300 billion a year into developing countries by 2035 to support their efforts to deal with climate change. This agreement fell far short of the $1.3 trillion annually demanded by developing countries to transition to low-carbon economies and adapt to extreme weather. Nigeria labeled the outcome a “joke,” underscoring mounting frustration in the Global South. Why has progress stalled? One factor may be shifting public opinion. Research from GlobeScan indicates that, although majorities in G7 countries believe wealthier nations should help those most affected by climate change, support has declined significantly in Italy, Japan, Canada, Germany, and the UK. The USA remains the least supportive among G7 nations, with consistently low approval levels. What does this mean for the world ahead? Support for climate aid in G7 countries is declining due to economic pressures like inflation and slow growth, which make citizens more inward-focused. Additionally, populist rhetoric portrays climate finance as a burden rather than a necessity. If clearer communication about the shared benefits of international climate action is not established, this trend could hinder equitable solutions and weaken North-South collaboration on climate change. Access the full insight here: https://lnkd.in/gdJGGmvj

During a packed week of climate action events in New York, Simon Stiell, the UN Climate Change Chief, highlighted a crucial issue: while global investment in clean #energy is surging — with more than $500 billion set to be invested in solar power this year — the benefits are concentrated in large economies like the #US and #India. Meanwhile, many developing nations are being left behind in this green boom, threatening to deepen a "two-speed global transition" As we approach the #COP29 summit in Azerbaijan, where international climate finance will take center stage, the pressure is on to broaden the reach of these investments and accelerate the pace of the energy transition. Both governments and the private sector have key roles to play in ensuring that climate action benefits all nations, not just the wealthiest However, a growing concern is that corporate leaders are going quiet on sustainability. While many CEOs are feeling the backlash from both sides — being accused of "greenwashing" or dismissed as "woke capitalists" — the need for transparent, committed climate action has never been greater Despite this "greenhushing" trend, recent data shows that sustainability is still very much on the agenda in corporate earnings calls, even if the enthusiasm has waned from its peak in 2022. With new regulations like the EU's carbon border tariffs and sustainability disclosure rules, companies will have no choice but to address these critical issues The global energy #transition cannot afford to leave any country behind. It's time for decisive action from governments, businesses, and global leaders

A recent article from BloombergNEF discusses how climate policy progress among G20 members has stalled. Despite commitments to reduce greenhouse gas emissions, many countries are falling short of their targets. Factors such as economic priorities and political challenges are hindering effective action on climate change. The world's largest economies in the annual edition of BloombergNEF’s G-20 Zero-Carbon Policy Scoreboard scored 49% on average, which is only a 1 percentage point rise from 2023. Top leaders like the UK, US and EU even saw a decline of 1% on average. Developed countries are responsible for 18% of global emissions and should aim to set an example for the rest of the world. World leaders must phase out fossil fuels and reduce their carbon emissions to save our planet. Take a look at our Solutions Roadmap, and find out more about the solutions to climate change here: https://lnkd.in/eu6MkaRe #BloombergNEF #Emissions #GreenHouseGasses #ClimateChange

In the wake of a difficult climate summit, negotiators at #COP29 agreed to triple climate finance to developing countries to $300B (and still work to raise that to $1.3 trillion annually from public and private sources by 2035). Despite rising climate-related losses globally (up to $2.2 trillion in the last decade), most of them remain uninsured and many inflict significant damage on businesses and their supply chains. At the same time, 55% of CEOs view climate transition as an opportunity for growth, driven by advancements in green tech and government incentives. The global green economy is now a $5 trillion revenue pool with a market cap of more than $7 trillion in 2024, creating major opportunities for corporate expansion. It's no surprise that growth-focused NYSE CEOs surveyed by the Oliver Wyman Forum in 2024 were twice as likely to focus on climate change compared to CEOs who are more focused on cost-cutting. Read more about #CEOAgenda in our report: https://owy.mn/4hmmnLM #Uncharted

In the wake of a difficult climate summit, negotiators at #COP29 agreed to triple climate finance to developing countries to $300B (and still work to raise that to $1.3 trillion annually from public and private sources by 2035). Despite rising climate-related losses globally (up to $2.2 trillion in the last decade), most of them remain uninsured and many inflict significant damage on businesses and their supply chains. At the same time, 55% of CEOs view climate transition as an opportunity for growth, driven by advancements in green tech and government incentives. The global green economy is now a $5 trillion revenue pool with a market cap of more than $7 trillion in 2024, creating major opportunities for corporate expansion. It's no surprise that growth-focused NYSE CEOs surveyed by the Oliver Wyman Forum in 2024 were twice as likely to focus on climate change compared to CEOs who are more focused on cost-cutting. Read more about #CEOAgenda in our report: https://owy.mn/4hmmnLM #Uncharted

In the wake of a difficult climate summit, negotiators at #COP29 agreed to triple climate finance to developing countries to $300B (and still work to raise that to $1.3 trillion annually from public and private sources by 2035). Despite rising climate-related losses globally (up to $2.2 trillion in the last decade), most of them remain uninsured and many inflict significant damage on businesses and their supply chains. At the same time, 55% of CEOs view climate transition as an opportunity for growth, driven by advancements in green tech and government incentives. The global green economy is now a $5 trillion revenue pool with a market cap of more than $7 trillion in 2024, creating major opportunities for corporate expansion. It's no surprise that growth-focused NYSE CEOs surveyed by the Oliver Wyman Forum in 2024 were twice as likely to focus on climate change compared to CEOs who are more focused on cost-cutting. Read more about #CEOAgenda in our report: https://owy.mn/4hmmnLM #Uncharted