Nearly all future growth in greenhouse gases will come from the world’s emerging economies, and preventing dangerous global warming depends on their reducing emissions growth. Thus it is troubling that Turkey, the world’s 17th largest economy, plans to as much as quadruple coal-fired electric capacity, building as many as 80 new plants by 2030. It could become the world’s third-largest operator of coal plants, after China and India.
As we are learning the hard way, the new normal of climate change and a volatile, hyper-connected global economy mean that sudden natural disasters and unforeseen supply chain disruptions are here to stay—and pursuing business as usual is no longer a viable option. But how can businesses adjust? Joseph Fiksel argues that the key is resilience—an organization’s capacity to survive, adapt, and flourish in the face of change.
Reposted from the Worldwatch Institute's blog with permission. What questions are being overlooked or underappreciated when we talk about the world of tomorrow? This is the first of three exclusive sneak peeks into our newest State of the World publication, scheduled for official release April 13, 2015.
It's no surprise that financial disaster has pushed environmental problems out of the news of late. But it's too bad that they can't get together somehow; the two areas of crisis, and the needed solutions, have a lot in common. The common thread is that both involve risks of rare, catastrophic events. In both cases, the prudent response is to focus on insurance against worst-case risks, rather than cost-benefit analysis of the most likely outcomes.