Developing and Valuing Hotels: still ignoring climate risks?
Loss and Damage: these two words have become synonymous with the stark reality of climate change consequences.
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Loss and Damage: these two words have become synonymous with the stark reality of climate change consequences.
The Degrees podcast is an action hub for Gen Z and Millennials to find career guidance and connect to a community of mentors. Green jobs are among the fastest growing jobs globally, surging over 237% in the past five years. Young professionals are increasingly concerned about climate change; about one in six Millennials and Gen Z individuals surveyed have already changed jobs or industries due to climate concerns, with another quarter planning to do so in the future.
There is a large global inequality in carbon emissions. Per capita emissions range from less than 1 metric tonne to more than 35 tonnes1 of CO2e with a global average of roughly 4.5 tonnes per capita2. Aligning the global community to the Paris Agreement requires the per capita average to drop at 2 tonnes by 20503. Affluence and carbon footprint go hand in hand. This is particularly true for the tourism and travel sector which remains "highly income-elastic and carbon-intensive"4.
In a finite world, striking a balance between the use of resources and ensuring that basic social standards are met is the crux of development. In business, the same applies: how do we navigate the murky waters of growth without depleting everything else? The global economy, with its fair share of challenges, is ripe for circularity but with little to show for to date as highlighted by the latest Circularity Gap Report [1]. Circularity offers many opportunities for businesses both in processes and development with a basic approach that includes: using less, using longer, using cleaner and usin...
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