The decarbonization of our global economies is a must to arrest climate change and create a sustainable future for everyone. Yet, the transition off fossil fuels to a more sustainable economic foundation will be rocky. Recent events underscore both the need and the challenge.
This year, Europe experienced its warmest summer in history, with almost twice as many wildfires as normal and catastrophic floods in Germany and Belgium. In the U.S., nearly one in three Americans experienced the repercussions of extreme weather. Climate change is “widespread, rapid, and intensifying, and some trends are now irreversible,” the United Nations states.
