by: Feike Sijbesma, CEO of Royal DSM and chairman of the CEO Climate Leaders of the World Economic Forum
Nearly 1,400 companies are adopting an internal carbon price so as to future-proof prosperity
The impact of climate disruption is already visible worldwide: irreversible damage to the oceans, more floods and prolonged droughts, which are causing issues for food production.
Methane explosions in Siberia due to thawing permafrost; sinking villages in Alaska; an increase in extreme weather events – we have a big problem.
Despite the unprecedented commitment evidenced by the 2015 Paris Climate Agreement, we are still not on track to stave off the climate crisis. Time is running out, as highlighted by the UN's Intergovernmental Panel on Climate Change's recent report which states that we have only 12 years in which to act to keep the rise in temperature below 1.5C.
Read the full article here