Climate change and environmental degradation present risks to economic growth whilst adaptive technologies provide new market opportunities.
This research builds on Business in the Community’s 2017 ‘Achieving a 2 degree economy’ which set out eight themes identified by business that will help us deliver on the Global Goals by 2030:
- Energy security and renewables
- Scope 3 emissions: Working with customers and suppliers
- Science-based targets
- An innovative and digital future
- Future proofing the business
- Societal sustainabiliy
- Accounting for climate change
- Collaborative action
The Smart Growth framework will support businesses to respond to policy changes at a local, national and international level. The Paris Agreement and Global Goals have set the legislative and global agenda for action internationally.
In 2018 the UK Government set out a 25-year plan for the environment and city region devolution enables greater autonomy of local management for environmental issues. Each of these policies has created space for private sector engagement and collaboration. This research sets out how businesses can optimise these opportunities.