MIT Technology Review Insights just published its 2023 Green Future Index, their third annual comparative ranking of 76 nations (which collectively generate roughly 90% of global GDP) on their ability to develop a sustainable, low-carbon future for their economies and societies.
The rankings reflect efforts to fund carbon removal, sustainable development, and clean power generation in emerging economies and for disadvantaged communities.
The index was developed through in-depth primary and secondary research processes:
nearly 20 interviews with a range of global climate change specialists: climate scientists and research professionals, technologists, government policymakers, NGO activists, and clean tech entrepreneurs and venture capitalists
continuous review of hundred articles, research reports issued by climate action organizations and NGOs, government policy documentation, and scientific literature.
The structure of the Green Future Index 2023 is made up of five pillars: carbon emissions, energy transition, green society, clean innovation and climate policy.
The report has several interesting chapters, among them:
Measuring climate justice
Emerging markets take on carbon trading
Asia excels in renewables
The race to transition energy grids in Africa
Europe turns to fossil fuels
Clean innovation: Catalyzing green, global solutions
Stemming carbon leakage across borders in the EU
The pressure for global standards
And much more.
The conclusion of the report: "Carbon neutrality will soon be as important a metric as profitability. And this is driving firms to invest in the tools and practices to lower their Scope 1, 2, and 3 emissions. It is also motivating governments and firms globally to invest in biodiversity, energy transition, and carbon removal projects in poorer countries to build up global stocks of carbon credits. Green Leaders will increasingly share expertise and invest capital in sustainable projects, cross-border renewable energy development programs, and food tech investments, because doing so is both economically viable and equitable for all."
Click at the image below for the MIT Technology Review Insights 2023 Green Future Index. #sustainability #esg #future
