Rising greenhouse gas (“GHG”) emissions – a major driver of climate change – could negatively impact human activity and natural resources. Even small fluctuations in temperature or precipitation could have amplified effects for humans and ecosystems. With global energy consumption estimated to increase 150 to 230 percent by 2050, the demand for solutions to climate change will intensify. As both a source of emissions and a potential provider of solutions, business has a pivotal role to play.
Shiffman, Cari. "The Financial Service Industry and Climate Change: Insurance and Reinsurance." Sustainable Development Law & Policy, Spring 2005, 12.