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Articles by Will Evison
Managing nature risks: From understanding to action
US$58tn of global GDP—55%—is highly or moderately dependent on nature. >50% of the market cap listed on 19 large stock exchanges is exposed to material nature risks. 5 industries’ direct operations are 100% highly dependent on nature. Source: ENCORE database, EXIOBASE, S&P Capital iQ, PwC analysis But what happens to businesses when ecosystems deteriorate? The short answer is that they face the risk of costly disruptions. And that risk is building up.
The environmental opportunity created by COVID-19
On World Environment Day, we look at six ways businesses can help avert rapid nature loss and tackle climate change. by Celine Herweijer and Will Evison COVID-19 is a global crisis that knows no borders, has impacted billions of lives, and has left no organization or economy untouched. It’s shown how systemic risks can have exponential repercussions — on health systems, sudden unemployment, supply chains, and the global economic outlook. Our preparation and resilience are being tested.
The environmental opportunity created by COVID-19
COVID-19 is a global crisis that knows no borders, has impacted billions of lives, and has left no organization or economy untouched. It’s shown how systemic risks can have exponential repercussions — on health systems, sudden unemployment, supply chains, and the global economic outlook. Our preparation and resilience are being tested.
The hidden risks nature loss poses for businesses
As last year's news headlines have made all too clear, nature is in a state of emergency. In May following the most comprehensive scientific investigation into the planet’s health, a report (PDF) by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) sounded the alarm that 1 million species face extinction due to human activity.
These are the hidden risks to business caused by nature loss
Nature loss is still a hidden risk for many businesses. This must change - both for the sake of businesses and the environment. Here are four actions businesses can take to respond to this global risk. As this past year's news headlines have made all too clear, nature is in a state of emergency.
Costing the climate: Four ways to price carbon | Climate Home - climate change news
A recent study put the social cost of emitting a tonne of CO2 at US$220. An EU allowance costs $8. Why the gap? By Will Evison and Jonathan Grant Two Stanford academics caused a stir last week suggesting that the true social cost of carbon is $220. This is six times higher than the figure the US government uses to guide policymaking. The contrast with the market price of carbon is even greater: an EU carbon allowance currently costs around $8.
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