November 22, 2021

Live from COP26 - Creating ESG Transparency and Raging Against the Machine for Systems Change not Climate Adaptation with James George of Pyxera Global (Day 2 of 3)

18 minutes

Join host Sheri Hinish LIVE from the COP26 floor with returning guest James George (formerly of Ellen MacArthur Foundation and now with Pyxera Global). Supply chains came up ALL OVER THE PLACE TODAY! Amongst the walls and halls of pledges, panels, and provocative dialogue, this 3 part series will bring you the pulse of COP, the highlights and what doesn't make the headlines.

In Part 2, we explore how reliable is data + if disclosures really create transparency, financing the gap in climate transition, the types of data and insights that create space to rage against the machine (systems change/stress testing we need). 30 year legacy data feeds won't model scenarios for the next 10 years. We discuss a real world example shared over lunch that nearly had us in tears.

We need data to see where we should focus our efforts, but not let perfect get in the way of starting. IPCC report came out 3 months ago, and not much heard now. We all have to change and disrupt our quality of life and the types of choices we make. If we don't do it now, it will only get worse.

Where are the grown ups? Consumerism is destroying our planet.

COP26 aspirational goals and commitments to impact include:

1. Secure global net zero by mid-century and keep 1.5 degrees within reach

Countries are being asked to come forward with ambitious 2030 emissions reductions targets that align with reaching net zero by the middle of the century.

To deliver on these stretching targets, countries will need to:

accelerate the phase-out of coal
curtail deforestation
speed up the switch to electric vehicles
encourage investment in renewables.

2. Adapt to protect communities and natural habitats

The climate is already changing and it will continue to change even as we reduce emissions, with devastating effects.

At COP26 we need to work together to enable and encourage countries affected by climate change to:

protect and restore ecosystems
build defences, warning systems and resilient infrastructure and agriculture to avoid loss of homes, livelihoods and even lives

3. Mobilise finance

To deliver on our first two goals, developed countries must make good on their promise to mobilize at least $100bn in climate finance per year by 2020.

International financial institutions must play their part and we need work towards unleashing the trillions in private and public sector finance required to secure global net zero.

4. Work together to deliver

We can only rise to the challenges of the climate crisis by working together.

At COP26 we must:

finalize the Paris Rulebook (the detailed rules that make the Paris Agreement operational)
accelerate action to tackle the climate crisis through collaboration between governments, businesses and civil society.

To learn more about James, visit https://www.linkedin.com/in/james-george-20995b75/ and https://www.pyxeraglobal.org/

Learn more about the podcast at supplychainqueen.com

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