Business leaders must rethink their goals to tackle climate change. Here’s why

  • Date: 19-Jan-2022
  • Source: World Economic Forum
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Business leaders must rethink their goals to tackle climate change. Here’s why





Tackling climate change will require working toward shared goals such as developing solutions to scale carbon capture or decarbonize infrastructure.

Achieving shared climate change goals will require focus from the private sector to scale proven technologies and mobilize needed capital.

To be effective in tackling climate change, companies must redefine success and shift to shared goals to scale positive long-term change for the planet.



Most nations today recognize both the importance and the urgency of the battle against global warming; but there are still significant differences on how best to achieve net zero greenhouse gas emissions and how to share the cost of doing so. In the polarized world we unfortunately live in, this creates a lot of room for conflict – conflict between cultures, geographies and even generations. That, in turn, leads to an erosion of trust which not only slows our progress on fighting climate change but spills over into other social and political issues.

The corporate sector has a vital role to play in tackling climate goals and, ultimately, helping to build trust. Companies are more agile than governments and can marshal greater resources than communities can independently. However, companies must redefine success and shift