In a critical and reflective tone, Al Goreformer vice-president of United States and president of Generation Investment Management, y David BloodThe partner of the same firm, emphasized in an introductory letter of the Sustainability Trends Report 2024the difficulty in complying with the global climate commitments.
They emphasized that the promises made to mitigate the climate crisis are similar to New Year's resolutions, because they are easy to make, but difficult to keep.
The paper stresses that the global drive to curb the climate crisis has attracted major players, from governments to large corporations and banks, all engaged at some point in time with the emissions reduction and the distancing of the fossil fuelsHowever, in recent years, many of these commitments have been significantly scaled back.
"We are disappointed to report that in recent years there has been a wave of pushback on these climate commitments. Some of this regression has occurred in direct response to political pressure in the United States, where right-wing politicians are scoring points by attacking 'capital woke,' sometimes using the financial firepower of state governments to get what they want," they expounded.
However, climate activists pointed out that the biggest problem is the lack of courage and determination of some leaders to fulfill the promises made in the Glasgow Climate Summit in 2021.
"Just like New Year's resolutions made with such enthusiasm in January, but forgotten in April, these commitments have been falling by the wayside lately," they stressed in the presentation of the document.
The Sustainability Trends Report 2024 reflects frustration with the financial services industry, which at the time took a bold stance in favor of the sustainabilityThe company is now failing to keep its promises and criticizes the oil companies for abandoning timidly assumed commitments.
Gore and Blood noted that the biggest climate promise ever made is finally on the table: an agreement, negotiated in Dubai late last year, that committed the entire world to move away from climate change. fossil fuels.
"Can we do it? We must, and the real question: how fast can we go? The faster the nations of the world move, the sooner we can achieve net zero emissions, the point at which the remaining greenhouse gas emissions can be balanced by absorption from the atmosphere," they argued.
Activists stressed that the greatest enemy to achieving this goal is human and economic inertia, so the speed with which nations act will determine whether the planet can reach this goal in time.
Gore and Blood warned that the fight against the climate change is a task that will take a lifetime and at no time will it be easy.
Source: Generation Investmet Management