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Title Post-COP28: Climate Change and Productivity Opportunities for Businesses
Author(s) Dr. Victor Tay Kah Soon
Description In the Introduction to his P-Insights report on Post-COP28: Climate Change and Productivity Opportunities for Businesses, Dr. Victor Tay Kah Soon refers to climate change as “one of the most pressing challenges of our time.” After a summary of trends and commitments at COP28, where he spoke at two sessions, Dr. Soon focuses on current carbon credits, carbon markets, and their trends with easily understood explanations. The section on carbon credits as financial incentives that can be monetized by corporations, financial institutions, and investors is particularly relevant to a broad range of economies and economic stakeholders. After giving examples of how carbon credit use can be applied to improve productivity in fields including regenerative fertilizers, preservation of ecosystems, solar panel installation, and IoT technologies, Dr. Soon cites the efforts of eight corporations with multinational reach to incorporate carbon reduction/credits into their business productivity planning. Similar efforts could be adopted by many APO members and others to meet global climate goals while improving productivity and prosperity.
Citable URL https://doi.org/10.61145/XAKJ9451
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