The Climate Emergency: the Opportunities for Global Business, Insurance and Financial Communities
With guest speaker: Professor Sir David King, Emeritus Professor of Chemistry, University of Cambridge; Founder and Chair of the Centre for Climate Repair in the University; an Affiliate Partner of SYSTEMIQ Limited; and Senior Strategy Adviser to the President of Rwanda.
Chaired by Dr Emily Shuckburgh, Director of Cambridge Zero, the University of Cambridge’s major climate change initiative.
Faced with accelerating global impacts of climate change, Sir David King will show that our planet and our civilisation can still win back the chance of surviving and even thriving. The immediate threats from rising temperatures are the threats multiple deaths from heat stress and changes in rainfall and climate resulting in food shortages that would threaten global food supplies. But in the short term the rise in global sea levels could threaten coastal communities and mega-cities such as Jakarta and Calcutta and countries including Indonesia, Bangladesh and Vietnam, over the coming three or four decades. In the longer term sea-level rise would dramatically change the map of the world over the coming centuries. The strategy developed in the Centre for Climate Repair at Cambridge provides the opportunities to manage these risks.
The strategy has four components:
- Deep and rapid emissions reduction and termination of deforestation.
- Greenhouse gas removal from the atmosphere at scale to return the atmosphere to close to the pre-industrial level.
- Buy time by finding the processes needed to refreeze the Arctic, the Antarctic and the Himalayas.
- Promote agile and appropriate political, business and investment responses, offering a wide range of entrepreneurial opportunities. Global action is now needed without delay.
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