Embracing Sustainable Futures: A Call to Action from Keshav Global!
Keshav Global Climate Manager, Ms. Tatyana Anashkina, had the honour of attending the enlightening COP28 forum, where climate champions and industry leaders gathered to exchange their thoughts on our planet’s future. It was both eye-opening and concerning to learn that we have already crossed 6 out of 9 Planetary boundaries. This stark revelation underscores the urgency of our collective actions.
The discussions delved into pressing issues: climate change, pathways to net zero, informed choices in carbon offsetting, and the relevance of COP28 to businesses. The consensus was clear — the private sector is driving climate action. More companies than ever have set net zero targets, but the challenge lies in reducing emissions and meeting these goals. Limited access to finance, lack of renewable energy infrastructure, and misinformation are hurdles we must overcome.
There was significant debate about carbon offsets and their credibility. While some experts championed their effectiveness, others emphasized the role of insetting for real CO2 reduction. Sustainable agroforestry and the importance of sustainable timber in carbon capture were also highlighted.
The imminent COP28 outcomes and potential regulatory changes, including anticipated carbon taxation and emission trading schemes in the UAE, have the business community on edge. Some adopt a wait-and-see approach, while others, like Keshav Global, lead by example, acting beyond compliance and preparing for future changes.
Let’s acknowledge a fundamental truth: sustainability is no longer just about compliance; it’s about ensuring business continuity and creating long-term value. We must shift our focus from financial materiality to impact materiality. It’s not merely about compensation; it’s about active participation and personal contribution to our planet’s well-being.
We firmly believe in the power of collective action. Together, we can overcome the climate crisis. Let’s champion impactful changes, inspire others, and make a difference. The time for action is now.