In addition. the BBC analyses the risks and opportunities presented by climate change in line with the framework of the Task Force on Climate -related Financial Disclosures (TCFD) and publishes the results in its annual report. What to do? Inaction is not an option . Preparing for climate change “ will give large organizations a competitive advantage .” The World Resources Institute (WRI) and the UN Intergovernmental Panel on Climate Change (IPCC) have identified 10 key solutions to combat global warming: One bright spot is the speed at which some renewable energy sources are developing . says consultant Scott Smith: “ Current progress in areas such as solar is outpacing recent forecasts. and market dynamics have played a role. meaning the economics are becoming even more favorable .
” 3 An increasingly fragmented world China is predicted to become namibia telegram the world’s largest economy by 2030 . with most economic growth occurring in the global South. At the same time. Europe is grappling with slowing economic growth. rising inequality. and an aging population. “ It is unlikely that we will be able to continue to rely on the global systems of trade and culture that we are used to. at least not in the same way .” the study notes.
Most respondents believe that the era of globalization is coming to an end . with many countries showing retrenchment trends. driven by nationalist and populist political movements. In the cultural realm. public appetites are growing for locally produced content. in an era “ of improving global production capabilities ”. Saudi Arabia. the United Arab Emirates and Qatar will shift away from oil to invest heavily in culture. the next big thing – “ which will involve huge amounts of corporate funding in locally produced local media ”. says Scott Smith.
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