World Economic Forum President Comments on IPCC report

Geneva, Switzerland, August 10, 2021 / TRAVELINDEX / Børge Brende, President of the World Economic Forum, comments on today’s release of the Intergovernmental Panel on Climate Change report.

The forest fires and floods of recent weeks delivered a clear language. And so does the Intergovernmental Panel on Climate Change report: we need to cut the carbon in our atmosphere now.

Extreme heat is not a future problem. It is already here. 2010 to 2019 was the hottest decade ever recorded, and temperatures will continue to rise unless dramatic action is taken.

Industry is responsible for nearly a third of global emissions.

And that’s why the World Economic Forum is bringing together businesses and governments to ensure that we move further and faster.

Over 100 CEO Climate Leaders are setting ambitious carbon commitments and are calling on governments to act.

We are working with over 400 global companies to cut emissions in tough areas like shipping, construction, and aviation.

Through our Tropical Forest Alliance and 1T.org platforms – we are halting deforestation.

There is even a business case to do the right thing: Cutting carbon emissions can create nearly 400 million jobs and $10 trillion dollars of business value by 2030.

We cannot stop fighting the fires and the floods, but we must act to give the future a fighting chance.