The IPCC climate report of April 2022 received widespread coverage. It stated that without deep cuts, limiting global warming to one and a half degrees Celsius over pre-industrial times will be beyond reach. To hit that target, greenhouse gas emissions will have to peak by 2025 and fall 43% by 2030. Is that doable? Do we really have a choice? One of the biggest challenges to overcome is securing the capital funding for net zero. We need to change investors perceptions of investing in sustainable finance. Other challenges of reaching net zero include lack of willingness to change our lifestyles as well as insufficient government action.
Key learning objectives:
Understand where the money is going to come from to finance climate goals
Understand how our lifestyles are a roadblock to hitting the net zero target
Determine whether insufficient government action is a major hurdle to hitting net zero