The Elephant in the Room

48: The importance of a 'just transition' to a low carbon economy: Natasha Zervudachi World Benchmarking Alliance

11.09.2021 - By Sudha SinghPlay

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The importance of a 'just transition' to a low carbon economy: Natasha Zervudachi World Benchmarking Alliance

Carbon neutrality, De-carbonisation, Carbon credits, Carbon offsets, Carbon sequestration, CFCs global warming, Adaptation fund, Kyoto Protocol, Bali Roadmap, Paris Agreement, G-77, UNFCCC are terms we are increasingly getting familiar with as more and more people across the world engage on issues of climate change.

To that list add 'Just Transition' - an initiative of the World Benchmarking Alliance(WBA). In light of the crucial role the private sector has to play in achieving a low-carbon world, the WBA intends to assess 450 of the world's most influential companies in high-emitting sectors on their contribution to a just transition by assessing their alignment with the goals of the Paris Agreement alongside their approach to addressing the social challenges of a low-carbon transition. The assessment covers what the companies are doing to respect the rights of workers, communities and the most vulnerable as they work towards low-carbon goals.

To learn more, I spoke with Natasha Zervudachi from the WBA about sustainability and sustainable development

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