Escalating climate crisis demands swift action from global players

Despite the United Nations’ proclamation of a shift from global warming to global boiling, the G20 nations, responsible for 78% of greenhouse gas emissions, are mired in disagreements over pivotal issues like transitioning to cleaner energy, reducing emissions, and phasing out fossil fuels.

July 2023 marked the hottest month on record, with temperatures averaging 16.95 degrees Celsius. As the clock ticks towards 2030, the lack of cohesive governmental action prompts consideration of alternative leadership sources.

The private sector‘s ability to foster new business opportunities while adhering to ethical principles is evident, with carbon market leaders showcasing economic health and strong business culture. Moreover, citizens must play their part by electing governments that prioritize social justice and sustainability.

In his column at NTN24, Alexis L. Leroy, ALLCOT’s Founder & CEO, highlights the role of the private sector and civil society in driving change towards a responsible and sustainable economic model.