Climate action

Climate action (or climate change action) refers to a range of activities, mechanisms, policy instruments and so forth that aim to reduce the severity of human induced climate change and its impacts. "More climate action" is a central demand of the climate movement.[1] Climate inaction is the absence of climate action. Examples for climate action include:

Promoting awareness is one tool for climate action.

Challenge of climate change mitigation and the need for adaptation.[2]

We use the term Adaptation to refer to business efforts and strategies that aim to achieve a better fit with a changed external environment. Adaptation to climate change is defined by the International Panel on Climate Change as:

Adjustment in natural or human systems in response to actual or expected climatic stimuli or their effects, which moderates harm or exploits beneficial opportunities.

Given that adaptation has just recently been embraced, examples of it tend to be limited to infrastructure and technological efforts adopted by vulnerable companies like ski resorts that produce artificial snow. However, business adaptation to climate change can include a wide variety of strategies such as: diversification at the product, service and geographic levels, mergers and acquisitions of competitor com- panies, government lobbying for friendlier adaptation restrictions and incentives, and purchasing of insurance and other financial hedging instruments.[2]

See also

References

  1. Maher, Julie (26 March 2021). "Fridays For Future: A Look Into A Climate Change Movement". Retrieved 1 February 2022.
  2. Rivera, Jorge. E (2022). Business Adaptation to climate change. New York: Cambridge University Press. ISBN 9781108835725. Hard pack 9781108744829. Paper pack. {{cite book}}: Check |isbn= value: invalid character (help)


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