Elmar zur Bonsen
Sustainable Switzerland Editorial Team
Two women looking at mobile phone

To ensure that the consequences of global warming remain manageable, it’s crucial that life and business worldwide become climate-neutral. But there’s more to it than that, as Sana Kapadia, Director of Strategy at 2X Global, recently explained in her blog post “Building the Future we choose” for the UBS Sustainability and Impact Institute.

To illustrate this, the strategy expert ventures a look into the future: Let’s imagine we are in the year 2044, at which point humanity has six years left to achieve the target of net zero emissions worldwide set out in the Paris Agreement. A global, cross-national community has formed to bring about a more sustainable planet – with business models that consider the most vulnerable, investment structures that are more fair, and an inclusive society. In this scenario, climate financing will have kept pace with global needs from 2025 onwards, adding USD 10 trillion in funding every year from 2031 to preempt the most significant consequences of climate change.