Reports from IPCC and UNFCCC last year reminded the world that business as usual will result in a temperature rise of more than 2°C. And that result is almost guaranteed to be catastrophic with extreme weather conditions and rising sea levels.
Mobilising businesses to increase their ambitions and accelerate milestones in their net zero journey will be critical to unlocking impact at scale. Businesses will require a systems-level transformation to adapt their corporate strategies to decarbonise operations. To address near-term emissions that cannot be abated with current technologies, they will need high-integrity carbon credits and clear guardrails to ensure the legitimacy of their use of carbon credits.
The panel discussion, titled 'Dealing with Decarbonisation: There is No Business As Usual,' delved into how businesses can develop strategies for climate resilience and readiness, and how to ensure integrity and quality in their decarbonisation plan.
The panel was led by:
• Peter Bakker, President and CEO, World Business Council for Sustainable Development (WBCSD)
• Mark Kenber, Executive Director, Voluntary Carbon Markets Integrity Initiative (VCMI)
• Chris Leeds, Board Member, Integrity Council for Voluntary Carbon Markets (ICVCM)
• Catherine McKenna, Founder and CEO, Climate and Nature Solutions
The panel discussion was moderated by Kimberly Tan, Head of Investments, GenZero.
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Driven by a common purpose to decarbonise for future generations, we recognised the need for a holistic and integrated approach to achieve a net zero world. The GenZero Climate Summit is our flagship annual event, which gathered global leaders from the climate ecosystem to accelerate global decarbonisation.
Themed ‘The Next Steps’, the second edition of the GenZero Climate Summit will focus on the pivotal and concrete course of actions required to overcome challenges and accelerate decarbonisation globally. The conference took place from 15-17 April 2024 in Singapore.
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GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, we seek to deliver positive climate impact alongside long-term sustainable financial returns by investing in opportunities with the potential to be nurtured into impactful and scalable solutions.
For more information on GenZero, visit http://www.genzero.co.
To connect with GenZero on Linkedin, visit / genzero