Populism has not dented business support for climate change action
Board-level interest in climate change has either increased or remained the same in the past 12 months, despite a rise in populist political movements globally, according to a survey of the carbon pricing sector.
Two-thirds (64%) of the 135 members of the International Emissions Trading Association (IETA) responding to the poll raised concerns that an increase in nationalist policies could hinder the international response to climate change.
One survey respondent said: ‘Emissions trading needs to go on a public relations offensive and advocate its achievements more strongly, or it risks being undermined during times of political uncertainties.’
Nonetheless, 77% of respondents reported that climate change was a board-level priority in their organisations, and 90% said that senior-management engagement had not changed or had increased in the past year.
‘While the changing political headwinds are cause ...