From 7 to 18 December 2009, world governments will come together in Copenhagen to negotiate a new global framework for tackling climate change, to replace the Kyoto Protocol when it expires in 2012. In addition to persuading governments to act, business can actively drive the innovation that will underpin lower-carbon growth: managing down their own carbon and water footprints, rolling out existing low-carbon technology and developing new technologies.
Business can also play an important role in helping poor people adapt to the impacts of climate change, such as through micro-insurance products. A business-driven model will ensure new products and services are deployed effectively and at scale. Recent developments, such as in wind energy, solar and geothermal, present the possibility that the developing world will be able to leapfrog the old technology of developed countries, and lead the way towards a more sustainable future.
An event on 2 December, that we are co-hosting with UNDP and a number of other partners, will focus on business innovation that helps mitigate climate change and that helps poor people adapt to its impacts. What innovative business models are emerging? How can these be brought to scale? What is the role of governments and donors to encourage investment and innovation?
What are your views?