“The UN climate conference in Baku has sparked controversy even before its commencement. Despite a serious drop in corporate leader attendance compared to last year, COP29 still holds meaningful potential for boardroom discussions. Here, we delve into the strategic advantages for executives. COP29’s not so wonderful circumstances. Climate scientists have become more pessimistic. The goal of limiting global warming to 1.5 degrees is slipping away, despite increased efforts across the globe. A recent poll among almost 400 Intergovernmental Panel on Climate Change (IPCC) climate scientists revealed that only a handful still believe this target is achievable. The discussion is now shifting to what extent global warming can be limited to 2.0 degrees, the upper boundary of the Paris Agreement signed at COP21 in 2015.”
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Morten W. Langer
