Managing Climate Change Business Risks and Consequences: by James A. F. Stoner, Charles Wankel (eds.)

By James A. F. Stoner, Charles Wankel (eds.)

Although the identify of this quantity and its significant concentration is going to be on one significant point of worldwide sustainability - weather swap - this quantity maintains with the general framing of the sequence: worldwide sustainability is a multi-faceted, international, multi-generational, financial, social, environmental, and cultural phenomenon and problem to our species.

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Also, insurance and future trades are contingent on at least another player “betting” on the alternative outcome and thus there is a presupposition of acceptance of the transference of risk. There is no additional resource or value created, consumed, or destroyed under this condition, as the (primarily financial) resources merely change hands via Asking the Right Questions ● 21 the process of arbitrage from one corporation to another (Ghemawat, 2003). Furthermore, systematic risks are not eliminated in this process—they are merely redistributed amongst the corporations.

In the best case scenario, such enterprises might develop coherent and effective sustainable initiatives, which thereafter can be rapidly scaled via other corporations to reduce/reverse climate change. In the worst case situation, if no coherent modality is discovered or innovated, the overall results might be fragmented, ad hoc, and ultimately ineffective responses that might be too little and too late. 4. Proactive multimode (all businesses transform their mind-set). This outcome is the ideal one, with all businesses realizing the long-term impact of continuing to operate under the premise of mitigating “risky conditions” and voluntarily and whole heartedly adopting a proactive environmental strategy as a central tenet of their operations.

We’re doing 12 cities for China right now, based on cradle to cradle as templates. Our assignment is to develop protocols for the housing for 400 million people in 12 years. We did a mass energy balance—if they use brick, they will lose all their soil and burn all their coal. They’ll have cities with no energy and no food. We signed a Memorandum of Understanding . . for China to adopt cradle to cradle.

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