Financial community steps up - EDITORIAL - Magazine | Asia A

Financial community steps up - EDITORIAL - Magazine | Asia Asset Management

An article appeared in The Nation on August 22 headlined: “We Are Witnessing the First Stages of Civilisation’s Collapse”. The thesi...

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Greece , Canada , New York , United States , California , America , Jared Diamond , Canadian Interagency Forest Fire Centre , Sierra Club , International Organisation Of Securities , International Sustainability Standards Board , Nationon August , Are Witnessing , First Stages , How Societies Choose , Central America , International Organisation , An Article Appeared In The Nation On August 22 Headlined Amp Ldquo We Are Witnessing First Stages Of Civilisation Rsquos Collapse Rdquo Thesis , Ased On The 2005 Book Collapse How Societies Choose To Fail Or Succeed By Geographer Jared Diamond , S That Global Civilisation Is Teetering On The Brink Ofa Collapse In Fashion Of Maya Civilisations Central America Which Left Region Dotted With Vast , Sophisticated , Bandoned Cities That And Similar Civilisations , He Book Argues , Aced Existential Challenges Because Of Major Climate Changes , Nd Their Elites Elected To Continue Doing Things The Same Old Way , Espite The Disastrous Consequences , Ith The Predictable Results Amp Nbsp This Year , Igns Of Such Potential Catastrophe Aren Amp Rsquot Hard To Find In Canada , For Instance , S Of August , Over 1 , 000 Wildfires Are Burning , Ccording To The Canadian Interagency Forest Fire Centre Ciffc , Wo Thirds Of Them Categorised As Amp Ldquo Out Control Rdquo They Have Already Burneda Total Land Area Larger Than England Or New York State Greece Rsquos Wildfires , Eanwhile , Ave Already Caused 35 Deaths , Ith More Likely To Come And According The Us Environmental Organisation Sierra Club , 9 Of The Us West Rockies Is Already In Persistent Extreme Drought Amp Ndash As Typified By California Rsquos Wildfires Potentially Hopeful Signs That There May Be Enough Will To Pull Back From Brink Include New Sustainability Reporting Regulations International Standards Board And Their Endorsement Organisation Securities Commissions If Entire Financial System , Nd All Companies That Take Part In It Through Listings , S Ready To Incorporate Sustainability Metrics Into Its Operations , Hat Amp Rsquos Strong Momentum In Favour Of Sustainability Plus , O Some Degree , Uch Actions By Bodies Such As The Issb And Iosco Do Typify Attitudes Of Global Policy Financial Elite If They Recognise Problem Are Attempting At Least To Act Accordingly , Erhaps There Is Hope Amp Nbsp Whether Or Not We Stand At Risk From Civilisational Collapse , Though , T Amp Rsquos Clear That There One Constituency Stands In Bad Need Of Auditing The Politicians Short Termism And Lack Leadership Shown By Elected Unelected Alike Recently Response To Events Such As Record High Summer Temperatures , Ildfires And Extreme Flooding , As Been Nothing Short Of Staggering , Nd Their Readiness To Indulge Popular Ignorance And Scepticism For Political Gain Has Been Scandalous This Is No Longera Search Signs Of Climate Change , Ut Rathera Search For Accountability Those Responsible The Business And Financial Communities Have Stepped Up Got Behind Auditing Regulation , O Matter How Partial And Imperfect It Should Be Quite Possible To Turn Those Same Tools Onto Politicians Amp Rsquo Promises Favourite Policies Because Looks Like The World Needs Nothing Less ,

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