Human activities have caused greenhouse gas concentrations in the atmosphere to show a sustained rise since 1750. The evidence of climate change is visible everywhere. For instance, Jakarta's ground has sunk 2.5 meters in under a decade. Sea levels have increased by 10 feet over the past 30 years. If GHG emissions remain high, the rain will rise from 1 to 13 percent. Monsoon precipitation will increase particularly over South and Southeast Asia, East Asia, and West Africa, apart from the far west Sahel. An additional 78 million people will be facing chronic hunger in 2050. Over half of them will be in Africa, south of the Sahara (IFPRI, 2021). McKinsey estimates that investments of $275 trillion would be needed to achieve the Net-zero target by 2050. This investment will be to create new assets and decarbonize existing ones. Businesses worldwide understand the need to embrace and leverage business opportunities from the transition from fossil fuels. This book provides the reader with a three-sixty-degree view of climate change and ESG. With facts and figures, you will get to know how countries, businesses, and society are transitioning to a net-zero greenhouse gas emission world.
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