Successful Net-Zero

My sense is that net zero can only be considered successful and the world therefore more prosperous if the test is that ALL nations, especially developing countries, are sharing in this benefit and we can see their improvement in standards and conditions. Whilst country by country i see a lot of pledges to be net zero by 2050, Singapore just this week pledging / re-pledging to do so, that is good but only insofar as we see this across all countries since only then would the world truly be more prosperous. As we have heard many times, countries like Maldives, Solomons, etc see the climate crisis rather more acutely than most developed countries as their very livelihood is at stake. So being able to show progress that enables countries like this to be stabilised and hopefully improved will be the real test of whether we have truly reached net zero AND done so across the whole system

-By Walter Eric Salisbury Bryant from Singapore

Hello Everyone,
Sorry for being late. There is near unanimity about the potential benefits of transitioning to a net zero future, which is backed up by growing evidence-based scientific literature. However, in my opinion, ensuring that such benefits are shared equitability across societies would require concerted actions on the following fronts:

Identifying and developing broad-based future skills best suited for the decarbonized future.
Collaboration amongst all the stakeholders – governments, local institutions, infrastructure and building owners and operators, industry, manufacturers, and public at large (including engagement of local communities).
Planning and implementation of innovative initiatives to accelerate the learning curve. 

-By Shahid Hasan from Saudi Arabia

I think waste management is big subject to cover and it has a huge impact on future prosperity. The initiative aims to establish environment-friendly plastic waste disposal solutions is progressing but not enough to reduce the quantities of waste. We can only do this through setting up regulations for example to reduce the consumption of grocery plastic bags and replace it with a friendly bag to be recycled with no emission or impact to environment. This will reduce  pollution through  lessening the amount of new raw materials used , Saves energy and reduces greenhouse gas emissions.

-By Marwan Riad Diban Ramadan from United Arab Emirates

net zero can lead to healthier environment. It is possible to see it in the example of Copenhagen – creating the city as a ‘green city’ not only helps the whole generations of citizens (creating a save, a socially responsible city), but also the business. Because of the actions focused on ‘net zero’ the city can easier attract a new talent and be a pleasant place to be. In my opinion that city is an example (on small scale), which shows us that ‘net zero’ will be beneficial to both: regular citizens and the business.

Question: What new business or professional opportunities could a net zero future hold for you? In your discussion, you are encouraged to think beyond the examples mentioned in previous activities.

As I work in a consulting services a road to ‘net zero’ can bring many opportunities, where through the cooperation and directing the businesses / governments to the best practices together we can create the better future. Also ‘net zero’ can lead to minimising Scope 3 emissions, which can lead to less travels and focusing mostly on the local businesses. In my opinion that will support creating an environment, where client can feel a closer connection to the consultancy.

-By Mateusz Lipinski from UK

1-I think Copenhagen is a good example how the net zero initiatives change the quality of life in a positive way for the inhabitants. They can swim in the harbour; they can cycle in the city safely and district heating and cooling system enhanced the comfort at homes. I believe while keeping the ultimate targets in view small steps is also important to increase the awareness of people and to get their support for the bigger steps.  

2-Construction sector has an important share in carbon emissions. New materials, new construction technologies are decreasing carbon emissions. We as engineers should be ready to seek opportunities to promote net zero initiatives to our clients. 

-By Cuneyt Anadolu from Malaysia

My optimistic opinion is that once we have the behaviour shift where profit & accumulation of wealth/expensive status symbols is no longer the objective of the majority, companies will have less motive to have the largest profit figure possible at year end, and instead their success will be measured on their emissions target & their progress towards a specific environmental &/or social objective such as reforestation, bringing people out of poverty and improving working conditions, etc. As shown in the video about Copenhagen, the major obstacle is a shift of mentality, which is often more possible when the population believes they are working together against a common enemy (climate change), which can be turned positively to say working towards a common goal (a healthier planet & society). 

My personal business opportunity is that I believe improving, aligning successful global reporting standards will be a big driver of this change for companies and I am consulting on how to improve and implement business practices to produce constantly improving sustainability reporting, and audit sustainability reports to ensure consistency and avoid greenwashing. My part in the process won’t change the world itself, but we all need to choose our niche and go for it.

-By Oscar Lampe from Switzerland

I believe society would prosper in a net zero world, connecting and collaborating effectively:

cross border trust and visibility – as orgs/govt collaborate upstream and downstream of a supply chain 
less waste  – as circular economy and cross sector collaboration/re-use minimises costs leading to a profitable, sustainable value chain
healthier people – less meat consumption, cycling, walking, less burden on infrastructure e.g. healthcare, land means healthier richer nations
less unrest/dissatisfaction between nations – technology means more equality and connects nations
local heating and cooling systems – stable temperatures mean systems are not overloaded e.g. less energy, can be supported locally
available budgets/national spending for education and wellbeing – redirected when less is required on defense and healthcare

New Business/Professional opportunities:

  1. Energy sector 

investment in infrastructure and scaling for alternative fuels e.g. hydrogen, electrification/ batteries eVTOLs, SMRs
circular economy partnerships with electrification/ battery management related organisations across transport sectors and other industries
data regulation changes/opens up and more cross sector, international collaboration 

  1. Professionally
    demand for Net Zero advice/training (business models, best practises)
    investment in digital technology 
    demand for innovators/start up expertise (test/iterate product cycles), innovation labs
    growth of responsible technology sector (impact tech)

-By Tarika Marshall from UK