Will India's development while decarbonising serve as a model? - Vikram Gandhi, Harvard Professor of Business

Will India's development while decarbonising serve as a model? - Vikram Gandhi, Harvard Professor of Business

Send us Fan Mail [https://www.buzzsprout.com/2557337/fan_mail/new] Vikram Gandhi  argues why private capital is needed to create a sustainable world. He explains why do Harvard students look at sustainability challenges as business opportunities, what the key lessons from India are about developing while decarbonising and gives insights to addressing the climate crisis as a collective action problem. Vikram is a professor at the Harvard Business School. With a background in investment banking he has extensive experience in the international markets and an interest in public policy and philanthropy. At the Harvard Business School he teaches in the MBA and Executive Education Programmes.  He has developed two MBA courses in the MBA – Sustainable Investing and Development While Decarbonizing: India's Path to Net Zero. He advises the public, private and social sectors to bring Institutional, high net worth and development capital to India and Asia. He is actively involved in impact investing as a professor,  investor and policy advocate. NOTES 4:20: about Asha Ventures: https://ashaventures.in/people [https://ashaventures.in/people] 5:00: what makes one successful in investment banking and then turning them to academia and philanthropy 6:20: without private capital at scale, philanthropy and government spending on their own will not create a sustainable world  8:55: fiduciary capital vs. value based investing 11:40: how to focus on the ESG metrics that really matter 19:30: about the Harvard MBA course: Development while Decarbonising - India's Path to Net Zero  20:00: how does India’s carbon emission is built of power generation, steel and cement production, agriculture, mobility and real estate 21:20: how do you achieve low emission growth  22:00: how India became a renewable energy giant by having 50% of its total energy production capacity of renewable sources 26:13: those companies getting ahead of the curve who realise that sustainability is a business opportunity, not only an obligation enforced on them by government 29:00: much of India’s flourishing start-up ecosystem is around cleantech 32:20: Rapid fire quiz: - Mitigation (vs adaptation) - Microplastics - Market failures 34:00 solving the microplastics crisis requires a public - private partnership approach 34:50: problems occurring of short-termism 36:10: about the tragedy of the horizons problem, and the tragedy of the commons problem  37:30: a significant portion of my students are looking at starting companies that are part of the energy transition, new technologies, or infrastructure building  38:00: about the Inflation Reduction Act of the USA: https://www.energy.gov/edf/inflation-reduction-act-2022 [https://www.energy.gov/edf/inflation-reduction-act-2022] 38:30: US companies still going ahead implementing their sustainability plans 41:35: how to address the climate crisis as a collective action problem 44:25: similarly to the tobacco industry, investors, might divest of oil and gas if they see that the actual litigation risk is high   If you liked the episode, make sure to follow Ready, Steady, Green! on your favourite podcast channel, share the episode with your friends and invite others to listen. You can catch up with our earlier episodes and tell who would you like to hear next. Help us get the message through: We must act on sustainability now!   This was Gabor Sarlos, with Ready, Steady, Green! podcasting: Ready, Steady, Green [https://readysteadygreen.buzzsprout.com/] news and views: LinkedIn [https://www.linkedin.com/in/gaborsarlos] action: COPmitment [https://copmitment.com/]

Are European green policies competing with clean technologies from China? Benedek Jávor, European green politician

Send us Fan Mail [https://www.buzzsprout.com/2557337/fan_mail/new] Benedek Jávor argues that European green policies need to be more effective. How does the social contract with farmers influence the landscape? Is it sustainable that green policies are developed in Europe while related technologies are all pioneered by China? How can a climate tax be turned fair and generate a just prosperity? Benedek is a Hungarian biologist, environmentalist and green politician. Currently he is Head of the Representation of Budapest to the EU. Between 2014-2019 he was Member of the European Parliament, and the first vice-chair of the Committee for Environment, Public Health and Food Safety; green coordinator and substitute member of the Committee of  Industry, Research and Energy; as well as the Budgetary Control Committee. As MEP he focused on climate-, environmental and energy-policy, anti-corruption policy and Roma inclusion during his term there. Previously he was also member of the Hungarian National Assembly and one of the founding green politicians of the country. Notes:  7:17: European Green Deal: https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en [https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en] 7:56: European Climate Law setting 2050 as the deadline for Europe’s economy and society to become climate neutral: https://climate.ec.europa.eu/eu-action/european-climate-law_en [https://climate.ec.europa.eu/eu-action/european-climate-law_en] Also: legally binding target of net zero greenhouse gas (GHG) emissions by 2050. 9:35: European climate policy and climate diplomacy: https://www.eeas.europa.eu/eeas/eu-energy-and-climate-diplomacy-%E2%80%93-strengthening-sovereignty-and-advancing-global-clean-transition_en [https://www.eeas.europa.eu/eeas/eu-energy-and-climate-diplomacy-%E2%80%93-strengthening-sovereignty-and-advancing-global-clean-transition_en] 10:10: China climate leadership: https://unfccc.int/news/un-climate-chief-in-beijing-china-s-climate-leadership-is-helping-accelerate-the-global-energy [https://unfccc.int/news/un-climate-chief-in-beijing-china-s-climate-leadership-is-helping-accelerate-the-global-energy] 12:20: China as the biggest emitter of GHGs: https://interactive.carbonbrief.org/the-carbon-brief-profile-china/index.html [https://interactive.carbonbrief.org/the-carbon-brief-profile-china/index.html] 14:10: China setting the trend globally in electric mobility: https://www.youtube.com/watch?v=tHxZM5dOAg8 [https://www.youtube.com/watch?v=tHxZM5dOAg8] 19:40: the dilemma of choice regarding European agricultural development and the social contract with farmers: https://agriculture.ec.europa.eu/cap-my-country/sustainability/socially-sustainable-cap_en [https://agriculture.ec.europa.eu/cap-my-country/sustainability/socially-sustainable-cap_en] 24:20: research study (in Hungarian) about people’s perception of the environment and the green transition: https://mmaa.hu/wp-content/uploads/2022/01/Zold_Fordulat-tanulmany_A4.pdf [https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fmmaa.hu%2Fwp-content%2Fuploads%2F2022%2F01%2FZold_Fordulat-tanulmany_A4.pdf&data=05%7C02%7CGabor.Sarlos%40roehampton.ac.uk%7Cc2687a9ff1784213bebf08deb3fac771%7C5fe650635c3747fbb4cce42659e607ed%7C0%7C0%7C639146087197247845%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=T4bwY4INZGObKmBh0nxgXev1k%2Ftqnc7g9lsUoHmMbmY%3D&reserved=0] Igazságos Zöld Átállás – Jávor Benedek bemutatta a tanulmányt   - Zöld Hang [https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fzoldhang.hu%2F2022%2F01%2F07%2Figazsagos-zold-atallas-javor-benedek-bemutatta-a-tanulmanyt%2F&data=05%7C02%7CGabor.Sarlos%40roehampton.ac.uk%7Cc2687a9ff1784213bebf08deb3fac771%7C5fe650635c3747fbb4cce42659e607ed%7C0%7C0%7C639146087197210459%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=nl5d2E8a2O%2FMPH692nVlxKRsn9S%2FhtGl7tcpqxQSeS0%3D&reserved=0] 26:45:  we need at least two Earths to live at the current levels 33:05: the green transition is the solution to your social and economic concerns 32.30: Austrian minister of Environment, Leonore Gewessler https://en.wikipedia.org/wiki/Leonore_Gewessler [https://en.wikipedia.org/wiki/Leonore_Gewessler] and the redistribution of environment tax revenues in Austria, based on social needs: https://greenfiscalpolicy.org/austria-announces-carbon-tax-offset-by-reduction-in-other-taxes/ [https://greenfiscalpolicy.org/austria-announces-carbon-tax-offset-by-reduction-in-other-taxes/] vs. 35:25 the planned introduction of the climate tax in France and the gilets jaunts movement: https://hir.harvard.edu/frances-yellow-vest-movement-and-the-global-debate-on-climate-change/ [https://hir.harvard.edu/frances-yellow-vest-movement-and-the-global-debate-on-climate-change/] https://www.sciencedirect.com/science/article/pii/S2210422421000587 [https://www.sciencedirect.com/science/article/pii/S2210422421000587] 36:10: rapid fire quiz: * Life style Limits to growth Life cycle assessment 37:50: the game changing book of Limits to Growth by Dennis and Daniela Meadows 42:00: the transformation of green politics and the ‘mixed fortunes’ of green parties in Europe: https://eu.boell.org/en/2024/12/19/2024-review-green-parties-face-mixed-fortunes-amid-anti-government-backlash [https://eu.boell.org/en/2024/12/19/2024-review-green-parties-face-mixed-fortunes-amid-anti-government-backlash] 47:30: boost to green politics leading to social transition and a more just, more fair, more sustainable and more democratic society If you liked the episode, make sure to follow Ready, Steady, Green! on your favourite podcast channel, share the episode with your friends and invite others to listen. You can catch up with our earlier episodes and tell who would you like to hear next. Help us get the message through: We must act on sustainability now!   This was Gabor Sarlos, with Ready, Steady, Green! podcasting: Ready, Steady, Green [https://readysteadygreen.buzzsprout.com/] news and views: LinkedIn [https://www.linkedin.com/in/gaborsarlos] action: COPmitment [https://copmitment.com/]

Why increased risk literacy is key to managing climate challenges - Rodrigo Souza, risk management academic

Send us Fan Mail [https://www.buzzsprout.com/2557337/fan_mail/new] Rodrigo explains how we should manage climate risks, warns that with the current trajectory, a society level climate chaos could happen by 2035? and argues why better risk literacy could help us all plan our future. Rodrigo Souza is a senior lecturer in accounting and risk management at the Business School of the University of Roehampton. He has a significant professional and academic experience risk management, corporate governance, internal controls and internal and external auditing, and related areas including cost and management control accounting. He is especially interested in the implementation of risk management in relation to controllership, audit, corporate governance, environmental management and business planning. Highlights of the episode: 10:23: Irreversible climate change might be happening much sooner than 2050. People, governments, institutions, and individuals must think about climate resilience.  11:53: David Spiegelhalter from Cambridge University, a statistician from the Royal Society, talks about risk literacy: https://www.science.org/doi/abs/10.1126/science.1191181 12:53 report from the Institute and Faculty of Actuaries about the IPCC report and about climate change fundamentally affecting human life taking place as early as 2035: https://actuaries.org.uk/media/gebdhxzi/climate-emergency-final-report.pdf https://actuaries.org.uk/media/isvotyer/parasol-lost.pdf 14:45: climate change as an interconnected risk 17:30: about availability bias 21:20: about the importance of changing the rhetoric and the framing of climate change 22:34: it is essential to move from observation mode to action mode 23:00 rapid fire quiz with letter 'K': * Key Performance Indicators, KPIs * Kyoto Protocol, and in general, global agreements Note: 24:10: Larry Fink pronouncement earier this year: https://www.cnbc.com/video/2026/04/14/watch-cnbcs-full-interview-with-blackrock-ceo-larry-fink.html 24:20: adding another ‘E’, Economic, before ESG, Environmental, Social and Governance 24:35 People, planet and profit vs people, planet and prosperity: https://www.youtube.com/watch?v=qnu_xGel2xg https://www.forbes.com/sites/jeroenkraaijenbrink/2019/12/10/what-the-3ps-of-the-triple-bottom-line-really-mean/ 29:18: So, for instance, for the first time in history, neuroscientists have verified that the IQ of people is decreasing with AI: https://thequantumrecord.com/philosophy-of-technology/global-iq-decline-rise-of-ai-assisted-thinking/ https://www.bbc.co.uk/news/articles/cd6xz12j6pzo 30:11: AI as a global challenge to climate change 30:49: Oxford professor, Juliane Reinecke, about the desirable worlds: https://ora.ox.ac.uk/objects/uuid:2e91cff1-bda2-43fa-86dc-b1e6d48c48b4/files/s2514nn59z 37:14: why it is important to become risk literate in the everyday life 39:02: further research and paralels to earlier crises: https://www.aicpa-cima.com/resources/download/building-and-enhancing-organisational-resilience-before-and-after-covid-19 If you liked the episode, make sure to follow Ready, Steady, Green! on your favourite podcast channel, share the episode with your friends and invite others to listen. You can catch up with our earlier episodes and tell who would you like to hear next. Help us get the message through: We must act on sustainability now!   This was Gabor Sarlos, with Ready, Steady, Green! podcasting: Ready, Steady, Green [https://readysteadygreen.buzzsprout.com/] news and views: LinkedIn [https://www.linkedin.com/in/gaborsarlos] action: COPmitment [https://copmitment.com/]

Building Climate Resilience in UK Firms - invitation to join the workshop on the 29 April

Send us Fan Mail [https://www.buzzsprout.com/2557337/fan_mail/new] Welcome to the latest episode of Ready, Steady, Green. This time we share a short snippet, to extend invitation to an event that is happening the last week of April in London, at the University of Roehampton. On the 29 April, 10.00-4.00pm London time, the hybrid workshop on ‘Climate Resilience in UK Firms’  invites finance managers, management accountants and risk managers to discuss critical and topical issues related to climate change. In this teaser episode we discuss what challenges does the climate crisis bring to companies and why the development of a Climate Resilience Toolkit is essential for them to prosper. I am joined in the studio by Rodrigo Souza, a senior lecturer in finance at the Business School of the University of Roehampton who is one of the co-organisors of the event.  For the detailed programme and to register: https://climate-resilience.uk/ [https://climate-resilience.uk/] https://www.eventbrite.co.uk/e/climate-resilience-and-emerging-risks-turning-threats-into-opportunities-tickets-1985270060192 [https://www.eventbrite.co.uk/e/climate-resilience-and-emerging-risks-turning-threats-into-opportunities-tickets-1985270060192] If you liked the episode, make sure to follow Ready, Steady, Green! on your favourite podcast channel, share the episode with your friends and invite others to listen. You can catch up with our earlier episodes and tell who would you like to hear next. Help us get the message through: We must act on sustainability now!   This was Gabor Sarlos, with Ready, Steady, Green! podcasting: Ready, Steady, Green [https://readysteadygreen.buzzsprout.com/] news and views: LinkedIn [https://www.linkedin.com/in/gaborsarlos] action: COPmitment [https://copmitment.com/]

Why can renewable energy inherently lead to energy injustice? Chitzi Ogbumgbada, environmental law specialist

Send us Fan Mail [https://www.buzzsprout.com/2557337/fan_mail/new] Chitzi Ogbumgbada argues why governments should ensure energy security, how the African communitarian approach addresses renewable energy injustices, and why the individual actions of countries will never bring us even close to the goals of the Paris agreement. Chitzi is a Lecturer in Law at the University of Exeter. His PhD thesis developed an African communitarian approach to global energy justice and demonstrated how this approach could be operationalised through international climate law and international human rights law to address renewable energy injustices. His primary research interests lie at the intersection of international energy and environmental law and are mainly concerned with how legal obligations interact with issues like climate change, energy security, and clean energy, conceptualised through the energy justice framework developed along African philosophy.  5:13: UK Climate Change Act: https://www.legislation.gov.uk/ukpga/2008/27/contents [https://www.legislation.gov.uk/ukpga/2008/27/contents] 9:15: about consultation with the community to secure extracting of critical minerals in Cornwall 10:15: about the Niger delta and how neglecting led to vice and violence 14:00 free market versus welfarism 17:30: about the distribution of renewable energy benefits across international communities 19:20: COP28, Dubai: the first Global Stocktake: https://unfccc.int/topics/global-stocktake [https://unfccc.int/topics/global-stocktake] 22:20: why it is so difficult to phase out fossil fuels 27:00: about options that save the planet and are gentle on the wallet 29:20: Rapid Fire game with words starting with ‘I’, the 9th letter of the alphabet * IPCC * Industrialisation * Inaction 31:50: there should not be any conflict between industrialisation and conservation 32:55: it is our actions that have caused us climate change and it is our inaction that stops us addressing this issue 34:50: about the African communitarian approach to energy justice 35:40: about the leading professors of the political philosophy of African communitarian approach Professor Thaddeus Metz: https://www.linkedin.com/in/thaddeusmetz/ [https://www.linkedin.com/in/thaddeusmetz/] Professor Kwame Gyekye: https://en.wikipedia.org/wiki/Kwame_Gyekye [https://en.wikipedia.org/wiki/Kwame_Gyekye] The essence of African comm: relationalism: how we relate to others 44:30: incorporating energy justice in the law school curriculum If you liked the episode, make sure to follow Ready, Steady, Green! on your favourite podcast channel, share the episode with your friends and invite others to listen. You can catch up with our earlier episodes and tell who would you like to hear next. Help us get the message through: We must act on sustainability now!   This was Gabor Sarlos, with Ready, Steady, Green! podcasting: Ready, Steady, Green [https://readysteadygreen.buzzsprout.com/] news and views: LinkedIn [https://www.linkedin.com/in/gaborsarlos] action: COPmitment [https://copmitment.com/]