According to the people in the know, businesses need to understand three things: the scale and pace of environmental breakdown, the implications for societies, and the subsequent need for transformative change. This is the headline case from the Institute for Public Policy Research in its recent publication This Is A Crisis: Facing Up To The Age Of Environmental Breakdown.
Catastrophic changes are “occurring at speeds unprecedented in human history and, in some cases, over billions of years,” the institute says, citing numerous scientific sources.
It argues that we need all hands on deck for a “socioeconomic transformation to achieve a ‘safe and just space’ for human activity, bringing it within environmentally sustainable limits while tackling inequalities and providing a high quality of life to all”.
But what does this mean for investors, particularly in the built environment and infrastructure?
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