The world will be poorer in the coming decades due to the impacts of climate change. By 2050 The Economist Intelligence Unit expects the global economy to be 3% smaller than our baseline projections. Climate research suggests that poorer countries with higher average temperatures are likely to be the most affected. However, this isn't merely a result of a country's geography or the size of its resources. Although it is true that being rich matters when it comes to minimising the negative impact of climate change, other factors matter too. Shoddy institutions, lousy governance or poor policy implementation, can severely cripple a country's ability to adapt to and mitigate against the effects of a changing climate.
Furthermore, as the processes that force climate change are built into the foundations of the world economy and geopolitics, the measures to check climate change will need to be wide-ranging and all-encompassing. While we may applaud individual countries and corporations for taking concrete actions to reduce their carbon footprint, we really need concerted commitments at the global level to combat this urgent, universal challenge.
What fundamental structures need to be dismantled and rewired for global stakeholders to align their interests to go after climate change? How can competitive markets be properly incentivised to build responsible business? What does sustainable development mean for capitalism and profitable growth in Asia? How are companies embracing the business case?
Join us as we invite leaders from across different sectors to discuss what essentially needs to change for Asia to have a fighting chance in dealing with the climate issue, and what this means for sustainable business growth in the region.
Our featured speakers will include: Maureen DeRooij, CEO, WWF Singapore; Simon Baptist, global chief economist and Asia managing director, The Economist Intelligence Unit: Joris Dierckx, regional head for SEA, BNP Paribas; Wong Ai Ai, chair of Asia Pacific, Baker McKenzie; Pieter Nuboer, president, Asia Pacific, DSM Nutritional Products; and Yulanda Chung, head of sustainability, institutional banking group, DBS Bank.
Please note that this event is limited to senior-level executives and per invitation only. If you are not an existing member of The Economist Corporate Network, but would like to learn how you can attend our events, please send an email to firstname.lastname@example.org.