Christiana Figueres: The Climate Risk Reward Ratio has Changed

The architect of the Paris Agreement, Christiana Figueres, is optimistic about the future of the planet and she sees the technology sector key in moving our economy to a carbon neutral system. She sees the exponential growth in the technology sector and argues that we need that sector’s help to manage “exponential growth in sustainable solutions”. Indeed, she claimed that “the tech sector is the portal to solving climate change” at a press conference at Collision Conference.

I doubt any parent alive today wants to be blamed for the environmental problems their children will face. – Figueres

Technology

We can’t have technology growing for growth’s sake. -Figueres

As she sees it, we are in a race between two exponential curves: sustainable tech growth and climate change. Her hope is that the tech sector can help move the economy away from fossil fuels. We need to decarbonize the economy as fast as possible.

Companies are starting to note that our climate crisis greatly endangers their future business plans.

Transportation

We are killing 7 million people per year because of air pollution that is entirely avoidable if we move to electric mobility. -Figueres

The economy is slowly moving away from fossil fuels, but this needs to happen faster. The risks are too great to continue our slow progress. She even notes that all the major automakers are moving to all electric – even Harley Davidson.

Cities need to regulate the types of cars and busses allowed in their borders so citizens are dangerously exposed to pollution. We have the knowledge, we just need the policies.

Housing

More corporations understanding that its in their own interest to decarbonize. -Figueres

We need purposeful growth and millennials get that, and that’s true when it comes to housing. Figueres envisions a short term goal of retrofitting existing buildings. She wonders why aren’t people retrofitting their buildings since insulation of homes is important to reducing energy combustion.

Figueres calls for policy makers to demand that new buildings power themselves and contribute to a healthier city. Again, we have the technology, we have the knowledge, we just need the policies.

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