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Lowering CO2 Emissions Is a Daunting Task and the Finance Sector Must Lead the Way
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There are many parts of the solution to climate change from scientific research to each person’s daily lifestyle choices. Perhaps the most critical piece is getting the world’s industries to make carbon neutral or negative products, and to cut emissions in the manufacturing process. Some companies will do this voluntarily, but widespread compliance must come from the demands of investors requiring companies to lower emissions in order to secure capital.
“If I’m the steel industry… very high emissions, I recognize that that’s under pressure,” said Simon Cooper, who leads climate and sustainability initiatives at Oliver Wyman, “Things will need to change, and I’m going to need investment to either buy new arc furnaces or to invest in negative emissions technologies. And that money has to come from somewhere. That comes from finance.”
In this episode, a moving interview with Cooper who lays out a clear and compelling vision for an aggressive action to meet the UN’s sustainability goals to lower C02 output and mitigate the worst effects of climate change.
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