ESG Radio: The World's Best Climate Solutions... Explained
This week on ESG Radio, Sasja Beslik explores some of the world's best climate solutions to try and identify what might help us transform our economies to a more sustainable model, and outlines the challenges we need to overcome.Despite global discussion on the energy transition, fossil fuels still dominate, powering 80% of the world, overshadowing renewable investments.Renewables are also facing financial challenges around interest rate sensitivity coupled with market speculations impacting stock values.G20 countries? They're crawling in the renewable race, with a scant 6% invested in renewables indicating a lag in large-scale commitment to sustainable energy.Meanwhile, Pope Francis has labeled the ongoing environmental degradation as a "world war against nature" urging global communities to view nature as a sacred gift and to act accordingly.And with a glimmer of positive news, in Ecuador, voters approved a groundbreaking ban on oil drilling in the protected Amazon Yasuni National Park, a significant biodiversity hotspot and home to uncontacted indigenous groups, marking a victory for climate justice and indigenous rights.Tune in for more!