Sustainability and Climate Trends to Watch Out for in 2023
04 January 2023

According to Martin Koehring's recent article in the Economist Impact, these are the sustainability and climate trends to watch out for in 2023.

•Scope 3 emissions in the limelight: Reducing indirect emissions to gain accelaration to support net zero efforts.

•Carbon credit market evolving: Imrpovements in regulation and standard for carbon credits are expected. The focus will be on locating high-quality carbon credits in the market.

•Scaling up carbon removal solutions: Investment in carbon removal technology to accelarate, with emphasis on collaboration between all stakeholders.

•Operationalizing the loss and damage fund: More progress on the loss and damage fund and the Global Goal on Adaptation are both needed and expected.

•Adaptation of circular economies and combating pollution: Collaboration will be needed to drive the end of pollution and advance adaptation of circular economies.

•Nature and biodiversity for solutions for full sustainability: More focus is expected to be on protecting and restoring biodiversity, addressing water-related issues and implementing ocean-based climate solutions.

•Intersecting crises of climate and cost-of-living: The social aspect of climate crises will be one of the key focus points in 2023. This is due in part of the cost-of-living crises, heightened by the war in Ukraine.

 

Read the article from here.