Climate change - a world of opportunities for entrepreneurs

Research output: Contribution to specialist publicationAIB Review - scholarly output

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Abstract

It’s no longer mere writing on the wall. The reality of climate change is stark and staring right in our faces, with evidence abounding all around us.

Siberia witnessed record-high 38 degrees Celsius in June 2020, coupled with wildfires ravaging the land. Australia’s ‘Black Summer’ bushfires drove home the point of climate change too, with almost three billion animals have died or been displaced, including reptiles and birds. The Amazon bushfires have been at a 13-year high this June. Islands are on course to becoming uninhabitable, according to the Intergovernmental Panel on Climate Change, 2019. The number of displaced environmental migrants globally is estimated to reach close to one billion by 2050.

The pressure for businesses, institutions and governments around the world to change is mounting. Fortunately, the disciplines of entrepreneurship and innovation have been rooted in the pursuit of opportunities where others see challenges. And when it comes to climate change and its implications, there is no dearth of opportunities.
Original languageEnglish
No.2
Specialist publicationAIB Review
PublisherAustralian Institute of Business
Publication statusPublished - 20 Aug 2020

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