Published: Sat, January 18, 2020
Global News | By Blake Casey

Climate Activist Thunberg Joins March Ahead of Davos

Climate Activist Thunberg Joins March Ahead of Davos

It additionally warns against the prioritisation of reactionary responses to short-term risks - such as temporary market uncertainty in particular nations or sectors- over the development of holistic and strategic methods to manage long-term risks like climate change, arguing that such an approach has dominated national policymaking and corporate strategizing in the past decade.

The event is a key global summit for world leaders, and will this year include as speakers climate activist Greta Thunberg, US President Donald Trump, German Chancellor Angela Merkel and European Central Bank President Christine Lagarde.

"The goal of that message is to reinforce with the elector in the United States that his number one concern in global policy is America firs"'.

Thunberg was demosntrating in the Swiss city of Lausanne on Friday.

The 17-year-old, who launched the #FridaysforFuture movement that has sparked protests around the world, denounced a lack of government action to cut heat-trapping emissions before it is too late.

"To the world leaders and those in power, I would like to say that you have not seen anything yet".

"If you don't use this window in the coming ten years, we will be faced with a situation where we're moving around the deck chairs on the Titanic".

Asked whether there was a gap between the group's rhetoric and the reality of CEOs and politicians flying to Davos on private jets, WEF managing director Adrian Monck said that "the sustainability measures we put in place actually overcompensate for the annual meeting".

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Blackstone Group CEO and Co-Founder Steve Schwarzman speaking at an event in NY last November.

This is a huge change in the attitude of people associated with Davos compared to what happened 10 years ago.

Climate change and environmental destruction top the risks highlighted by global decision-makers in a survey ahead of the 2020 gathering of the global elite.

In a presentation prepared for the meeting, Deutsche Bank strategists said the "question of our age" is how much societies would be willing to sacrifice in economic growth to reverse climate change, and that governments will need to work across borders to find solutions.

A year ago was the Earth's second-hottest since records began, and the world should brace itself for more extreme weather events like the bushfires ravaging much of Australia, the United Nations' World Meteorological Organization (WMO) said on Wednesday.

There now exists an unsettled global landscape, shaped by "powerful economic, demographic and technological forces" undermining alliances and multilateral institutions as more countries pursue individual agendas, according to the Forum.

'It is time to abolish billionaires.

Marsh chairman John Drzik said: "High profile events, like recent wildfires in Australia and California, are adding pressure on companies to take action on climate risk at a time when they also face greater geopolitical and cyber risk challenges".

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