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GZERO World with Ian Bremmer

Special Edition: Why Biodiversity Loss Matters to Governments and Investors

GZERO World with Ian Bremmer

GZERO Media

International Relations, Government, Foreign Policy, Gzero World, News Commentary, Trump, News, Global Economy, Geopolitics, Politics, Ian Bremmer

4.6684 Ratings

🗓️ 2 December 2021

⏱️ 35 minutes

🧾️ Download transcript

Summary

Are global leaders finally taking needed action on environmental issues? Coming out of the COP26 meeting in Glasgow, we've seen governments agree to a certain set of policies to fight climate change. But that isn't the only urgent environmental issue we face. The twin problem of climate change AND biodiversity loss are a serious threat to not just governments, but also investors. The latest episode of Living Beyond Borders, a special podcast series from GZERO brought to you by Citi Private Bank, looks at how important biodiversity is to the global economy, and what leaders need to do to prevent further loss. This episode features: Caitlin Dean, Head of the Geostrategy Practice at Eurasia Group (moderator) Anita McBain, Managing Director at Citi Research, heading EMEA ESG Research Harlin Singh, Global Head of Sustainable Investing at Citi Global Wealth Mikaela McQuade, director of Energy, Climate and Resources at Eurasia Group

Transcript

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0:00.0

Welcome to Living Beyond Borders, the podcast from City Private Bank and G0 Media that examines the risks and opportunities in our rapidly changing world, from global politics to economics and what it all means for you.

0:22.9

I'm Caitlin Dean, head of the geostrategie practice at Eurasia Group. When it comes to the

0:28.7

environment, climate change, and sustainability, the need to protect the planet is urgent.

0:34.7

That means global leaders in business and government must truly step up and commit

0:39.0

to change, not just in political but also practical terms. And the world heard that from

0:44.8

the likes of John Kerry, Greta Thunberg, and Franz Timmermans of the European Commission

0:49.7

at the UN's Climate Conference COP 26 in November.

0:53.0

There's a heavy lift ahead, but what we know is, given the proposals that have been put on

1:00.3

the table, if we do them all, we would be at 1.8 degrees by 2050.

1:05.5

It should be obvious that we cannot solve a crisis with the same methods that got us into it in the first place.

1:12.8

I please implore you. Please embrace this text so that we can bring hope to the hearts of our

1:19.6

children and grandchildren. Just before that meeting, there was another UN summit on sustainability.

1:25.1

This one focusing on biodiversity in particular, the idea that

1:28.7

human choices have impacted plants and animals around the world. The world lost around

1:33.8

two-thirds of its wildlife species in just the last 50 years, according to the World Wildlife

1:39.0

Fund. City estimates that around $44 trillion of economic value generation is moderately or highly dependent on nature.

1:48.0

And so today we're going to talk about what real action on species loss and more could mean.

1:54.0

Joining me now are three guests. We have Anita McBain, managing director at City Research, heading up Emia ESG Research.

2:02.4

Hi, Anita.

2:03.4

Hi there, Caitlin.

2:05.0

We also have Harlan Singh, Global Head of Sustainable Investing at City Global Wealth.

2:09.7

Welcome, Harlan.

...

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