by Harry Verhaar, EU-ASE Bord Chair and Head of Public & Government Affairs at Signify
It’s been a grave winter for the health of our planet. In Madrid, urgent climate talks dissolved into a disappointing stalemate. The public is informed and engaged in a new and promising way, but is also more divided. We are close to a tipping point: a point at which the rate of change increases dramatically, and possibly irreversibly towards a climate catastrophe.
When we talk about the concept of tipping points, we recognize that change isn’t linear – it’s exponential. We see examples of this all too frequently. As the planet warms, Arctic permafrost thaws, releasing methane and carbon dioxide that further accelerates the pace of change. And as the Earth loses more and more of its white, reflective surfaces, the planet more readily absorbs heat. We’re close to some of nature’s tipping points. Reaching these would have disastrous implications for our planet and our way of life.
Man on the moon moment
But in Europe, a change is coming that could be crucial to containing our carbon emissions and limiting the effects of climate change. On December 11, 2019, the European Commission announced the European Green Deal, a set of policy initiatives aimed at making this continent carbon neutral by 2050. The European Commission’s president, Ursula von der Leyen, called it Europe’s “man on the moon moment.”
The world’s track record with climate regulation has been patchy at best. So, what’s different about the European Green Deal? For me, it marks a fundamental change in the way environmental and sustainability regulation is developed. Historically, change that is focused upon carbon emissions reduction or environmental protection has been weighed in terms of expense: what must we sacrifice to achieve these targets? This tends to shut down public and political discussion, and in my view, has critically undersold the opportunities that sustainable practices bring to the table.
Growth strategy
The Green Deal is not about penalizing businesses and people for doing things in a less sustainable way. It’s a growth strategy, integrated into every public policy plan, that hardwires a preference for sustainable initiatives into every aspect of Europe’s socioeconomic development.