"Meeting the challenge of the climate crisis is the biggest economic opportunity the planet has known since the industrial revolution, literally everything has to be changed," John Kerry said last week at the World Economic Forum in New York, where 1,400 business leaders gathered to discuss sustainable development.
But according to the World Economic Forum, just 17% of the UN's Sustainable Development Goals are on track to be met by 2030.
"Philanthropy has proven essential in driving progress across many critical areas, yet only 11% of this is represented by corporate philanthropy and only 5% of that is allocated to climate-related issues," the global organization said, per the New York Times.
Meanwhile, the WEF's economists survey found 56% of respondents believe green and energy transition will be a major global economic growth driver in the next five years, and 95% of them say developing countries need to improve and add infrastructure to boost socioeconomic progress, the Times reports.
According to the WEF, global trade is projected to grow moderately by 3.3% next year because of slow developments in sustainability and internet connectivity in developing countries.
The Times reports 2.6 billion people still lack access to reliable internet, of which 95% live in the Global South or developing countries.
In terms of internet speed, the Philippines also performed poorer, with a median Read the Entire Article
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Vandana Shiva, a scientist and environmentalist known for her activism against GMOs, globalization, and patents on seeds and traditional foods, co-founded Navdanya.