Swissinfo.ch has the daily info on the WEF confab. Here is some of it:
3 degrees Celsius
The world is set to warm by nearly 3 degrees Celsius by 2100, wreaking havoc on our health, food supply, biodiversity and economies according to a UN reportExternal link released in November.
These worries didn’t spur the same lofty pledges to tackle climate change as they have at past WEF meetings though. Even US Climate Envoy John Kerry expressed his frustration in one of his many WEF sessions. “I’ve been trying to find a way every day to communicate to people what the urgency really is and why it is we need to take seriously what the scientists and mother nature are telling us.”
There were a host of sessions touching on the climate crisis, and a good deal of talk about the need to invest in the energy transition. But there was no one telling companies in Davos the “house is on fire”, like Swedish climate activist Greta Thunberg did in 2019. The fact that there were few young people on the streets and on the WEF stages may explain why climate didn’t get as much attention.
There’s another reason for the so-called “greenhushing” by companies. “Company leaders may hesitate to put themselves out there because the issue of sustainability has been so politicised,” Patrick Odier, former senior partner at Swiss private bank Lombard Odier and current Chairman of Building Bridges and Swiss Sustainable Finance told SWI on the sidelines of WEF.
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