Climate Change Has Lessons for Fighting the Coronavirus (NYT)

https://www.nytimes.com/2020/03/12/climate/climate-change-coronavirus-lessons.html

“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.”

Author: Christopher K. Merker, Ph.D., CFA

Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog, Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book, The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.