Economic Incentives Are Key to Driving Sustainability at Scale
Companies need financial incentives, in addition to regulation, to make transformational sustainability efforts a higher priority.
When it comes to mobilizing the economy for climate action, most recent progress has been incremental. To come close to achieving the goals of the Paris Agreement, the pace and scale of change must be much more radical. The scaling up we need is not simply a matter of dialing up what we have already begun. What we now need is qualitatively different, and today’s approach won’t get us there.
Merely strengthening disclosure requirements on climate-related data and information could increase regulatory burdens ...
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