Andrea Zanon sees a greater commitment to combating climate change

These days COP26, the United Nations climate conference taking place this time in Glasgow, UK.

Specialists like Andrea Zanon I consider it the most important meeting since the Paris Agreement, but That although the measures to be agreed go in the right direction, they will not be enough.

More stringent measures must be taken at COP26

During COP21 or the Paris Agreement, countries pledged to limit climate change by 1.5 degrees, which is important because concrete and measurable measures are rarely put in place at a meeting of this kind.

now in COP26 Agreed to reduce methane emissions by 30% by 2030, is another tangible goal that can be measured, but climate change specialists do not believe it is appropriate, because they believe that it is an ambition that does not fall short.

Andrea Zanon believes that emissions should be reduced to the level of an epidemic

As we plunged into the most difficult months of the pandemic, many industries came to a halt, so that carbon dioxide emissions from the entire planet were drastically reduced.

Andrea Zanon, who has advised more than 15 finance ministers from around the world, believes COP26 targets should not focus so much on methane, such as In setting a date for carbon dioxide emissions is the same as at the height of the epidemic.

This will be something that will significantly affect climate change, slowing and reversing it in the medium term, which is what to look for.

Climate change has many economic effects

In a 2014 report provided by this consultant to the World Bank, he showed that climate incidents have doubled since 1980.

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In other words, this means that global warming is not just something that affects animal and plant species, but rather a concern for environmentalists, Instead, it has been hitting the world’s economies hard for some time.

In fact, going to the present, in 2020 in the United States there were 22 climate disasters that cost $22 billion, Which makes up 1% of the world’s strongest economy.

The number is staggering, but it is more than that if we believe that the consequences of climate change will not stop increasing, which could lead to an unprecedented economic crisis in some countries, something that will happen in a more virulent way in poor countries. unwilling to cover these costs.

This reduction in methane agreed at COP26 is very important, but some climate change scientists believe it is insufficient, especially when the consequences of this change are already starting to appear in the world’s economies, which should Dealing with a growing number of increasingly costly natural disasters.

*Andrea Zanon is an ESG and resilience strategy consultant who has advised more than 15 finance ministers and more than 100 global companies on how to develop more resilient countries and societies.

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