Published: April 12, 2018
Fuqua Hosts ClimateCAP Global MBA Summit to Discuss Climate Change and Business
Many businesses have begun to question how climate change will affect them in the not-too-distant future, and with good reason: By 2030, global climate change impacts are projected to reach $700 billion annually. This figure has inspired investors to constantly monitor climate risk, and plenty of businesses have started to take action. Some 42 percent of Fortune 500 companies have set goals for carbon reduction.
“Climate change is having a real impact in many parts of the global economy right now—affecting food production, investment decisions, insurance premiums, supply chains, and operational assets,” explains Daniel Vermeer, an associate professor of the practice of energy and environment and executive director of the Center for Energy, Development, and the Global Environment (EDGE) at Duke University. “Over time, we expect that these impacts will increase in scale and frequency," Vermeer adds.
These business challenges, questions, and more were front and center at the most recent ClimateCAP: The Global MBA Summit on Climate, Capital, and Business, an annual event held last month at Duke's Fuqua School of Business.
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