This has been adapted from a keynote address for the 2019 Climate Change & Business Conference
Motu is an independent non-profit research organization. The businesses I work with are the early movers, and they are very well informed and engaged. My impression is that the early movers see climate change as a significant opportunity, a significant threat, or a corporate social responsibility obligation. I suspect that for many businesses in the middle, decarbonisation is a future problem or someone else’s problem.
I see three key drivers that will change how businesses will respond to climate change in the future.
My final comment is that policy uncertainty is lethal to long-term low-emission investment. Reaching strong political consensus on the way ahead would empower the producers, investors, and consumers who will make change happen.