Watch: A conversation on the future of greening industry
On Wednesday, April 28, Axios energy reporter Ben Geman and business reporter Hope King unpacked global sustainability initiatives across the private sector and key learnings from the White House climate summit, featuring Global Optimism founding partner Christiana Figueres and White House climate adviser Melanie Nakagawa.
Christiana Figueres discussed global collaboration and the 2020s as the "decisive decade" in determining the planet's future climate.
- On the capacity of the U.S. to be a role model in its investment in addressing climate change: "The United States is definitely taking a leadership role here and showing other countries how that is done and most importantly, what the benefits are of that all-government approach."
- On getting the U.S. to zero carbon by 2035 and its economic impact: "It will create millions of jobs, and it will make the U.S. economy much more competitive in a decarbonized global economy."
Melanie Nakagawa unpacked President Biden's climate agenda and the economic impact of ambitious, policy-driven climate goals.
- On the U.S. International Climate Finance Plan: "Many of these investments we're looking to make are about creating jobs at home. Many of these opportunities are ways that we increase our ability to export more...We really see that that kind of investment is not only good at home, but also help others overseas become more resilient to the impacts of climate change."
- On accountability in government and the private sector and setting far-reaching climate goals: "What are countries, what are private sector institutions, what are cities and towns and others doing in this decade to get us on that path to 2050? It's great to have a net-zero 2050 timeline out there. What's even better is to show us how you're getting there by 2030."
Axios Chief Revenue Officer Fabricio Drumond hosted a View from the Top Segment with Gerry Keefe, Head of Global Banking, Americas at HSBC who discussed how large companies can support the world's transition to net-zero, and what it will take to get there.
- "I think the greatest need that we have in addressing these challenges is innovation. I think if you understand the math of carbon, and where we stand globally, you realize very quickly...that we only get to net zero through innovation, whether that's power generation, [or] storage usage."
Thank you HSBC for sponsoring this event.