“Alarming levels of inaction.” That is what the World Health Organization said Wednesday about the global response to coronavirus.
It is a familiar refrain to anyone who works on climate change, and it is why global efforts to slow down warming offer a cautionary tale for the effort to slow down the pandemic.
“Both demand early aggressive action to minimize loss,” said Kim Cobb, a climate scientist at the Georgia Institute of Technology who was teaching classes remotely this week. “Only in hindsight will we really understand what we gambled on and what we lost by not acting early enough.”
Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. and executive-in-residence and co-director of the Marquette S-Lab. He is also founder and chair of the board of Water + Energy Forward, a green bank focused on market-based climate solutions. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught “Sustainable Finance” since 2009. He publishes Sustainable Finance and is co-author of The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.
