What can consumers do to help solve the climate change crisis?

SourceWorld Economic Forum
SectorEconomy
CountryMiddle east

Global action on climate change is building pace amongst the public and private sector, strengthened by the Paris Agreement. COVID-19 has temporarily reduced emissions, but as the world emerges from a state of lockdown they will inevitably rise unless radical action is taken. Consumers can play a crucial role in reducing emissions and slowing climate change by making more environmentally conscious purchases. In 2015, Parties to the UNFCCC adopted the Paris Agreement, to strengthen the global response to the threat of climate change by keeping the global temperature rise this century well below 2°C above pre-industrial levels, and to pursue efforts to limit the temperature increase to 1.5°C. It was signed by 175 countries, making it the largest number of countries ever to sign an international agreement on a single day. Since then the number increased to 186 countries. Almost all the world’s governments are firmly committed to help stop climate change.

Within this framework, business has a responsibility to deliver it. The private sector increasingly appreciates its role. A growing number of companies are working to achieve net-zero emissions by 2050 through a combination of individual actions and collaborative initiatives like Universal ESG Reporting, Race to ...read more...