The latest CSIRO report on climate change is not good reading. We need to accelerate our actions to reduce greenhouse gas (#GHG) emissions.
CSIRO Climate Change
Climate Risk in Mining
What every mining CEO needs to know – a report by McKinsey.
To address climate risk, mining companies can focus on three areas: which assets are most at risk from physical climate change; how decarbonisation could shift demand for key minerals; and how miners can decarbonise their own operations.
Accrding to McKinsey, to respond to the impact of climate change, mining executives should take five main actions:
– end-to-end diagnostic of climate change’s effects on the business.
– mobilize the c-suite and the board.
– focus on operational transformation, investments, and innovation.
– evaluate and potentially reshape your portfolio.
– continue to engage.
Sustainable Development Goals
17 goals to transform our world
The Sustainable Development Goals are a call for action by all countries – poor, rich and middle-income – to promote prosperity while protecting the planet. They recognize that ending poverty must go hand-in-hand with strategies that build economic growth and address a range of social needs including education, health, social protection, and job opportunities, while tackling climate change and environmental protection.
Climate Risk & Response
A report from McKinsey examining the nature and extent of physical risk from a changing climate.
After more than 10,000 years of relative stability the Earth’s climate is
changing. This is important because it’s this stability that has allowed humanity to develop and flourish. Absent adaptation, instability will have extreme consequences, as outlined in this McKinsey report, which identifies that there are already substantial physical impacts in many places at the local level. Avoidance seems like a much better approach, but requires actions that might increase hardship in the short term. That is no reason not to act though, and we have only a very short window of time to do so and to hopefully avoid the worst of the consequences.
The authors conclude that recognising physical climate risk and integrating an understanding of this risk into decision making are imperative for individuals, businesses, communities, and countries. The next decade will be decisive, as decision makers fundamentally rethink the infrastructure, assets, and systems of the future, and the world collectively sets a path to manage the risk from climate change.