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Carbon finance and future

It is widely accepted that, unabated, climate change will result in increased damage to infrastructure and physical assets, disruption to business operations and agricultural output, and ultimately lead to loss of life. The Stern Review on the Economics of Climate Change supports this view and estimates that without direct intervention the annual cost will be at least 5%, andmay be more than 20% of world GDP each year.Consequently, world society faces considerable challenges to align its practices to impact positively on the planet’s changing climate. Businesses have the opportunity to turn this adversity to their advantage by developing strategies and new products to empower themselves to cope with the changing external physical and social environments.



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