3. “ This is not only a political issue it is more a moral issue. Our ability to live is what is at stake!” Al Gore, An Inconvenient Truth Climate Change is Driving the Agenda
4. Climate Change is Driving the Agenda Key Conclusions: #1 - Benefits of strong, early action far outweigh the costs and danger of inaction #2 - There is still time to avoid the worst impacts, if we take strong action now. #3 - Could have very serious impacts on growth and development. #4 - Action is required of all countries, and need not cap aspirations for growth. #5 – A range of options exists to cut emissions; strong, deliberate action is required to motivate their take-up. #6 – Climate change demands an international response, based on a shared understanding of long-term goals and agreement on framework for action. Stern Review - on the economics of climate change
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7. A Perfect Storm … of Opportunities Innovation Growth Productivity Brand Image Revenue $aving$ Competitive Advantage Business Value BusinessLAB 10 Market Forces 5 Mega-Issues 5 Demanding Stakeholders Climate Change Green Consumers Pollution & Health Activist Shareholders Globalization Backlash Civil Society / NGOs Energy Crunch Government Regulators Erosion of Trust Financial Sectors