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How climate policy advocates are 'getting off the sidelines' - GreenBiz

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How climate policy trailblazers are 'getting off the sidelines' | BusinessGreen News Analysis

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New report from InfluenceMap praises those corporates lobbying for bolder climate action, but warns too much of the business community remains 'on the sidelines' in the public climate policy debate

IKEA, Iberdrola, and Unilever are among 27 companies deemed to be the strongest corporate advocates for ambitious climate policy worldwide, according to fresh research from InfluenceMap. An annual ranking...

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Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics