EDITORIAL

The Intergovernmental Panel on Climate Change (IPCC) has just published its Sixth Assessment Report (AR6). It is a must read. It sets out objective, clinical and undisputed facts that require immediate consideration in the way companies and investors view the world and fit their activities into it. The impact of climate change is no longer a long-term projection. It is a reality embedded in our daily lives that requires immediate and radical changes. 4 lessons :
 
1. We are threatened by a rise of 3.2°C, which is a real catastrophe. The window of opportunity to stay on a more sustainable trajectory below 2 degrees is closing by 2030, requiring radical and immediate action. 
 
2. To this end, emissions from energy infrastructure are surpassing the remaining carbon budget. The development of new carbon-intensive infrastructure is not compatible with the target climate trajectories - far from it. This raises questions about accountability for the inaction of past and ongoing investments. It raises questions about our ability to provide access to energy for the 759 million people in the world who do not have it. 
 
3. In this context, wind and solar power are seen as the only accessible and short-term solutions. But their development poses immense challenges in terms of respect for human rights.
 
4. There is a need to prevent maladaptation to climate change. The increasing heatwaves and droughts that we increasingly experience in our daily lives will undoubtedly make the phenomenon even more exponential. Adaptation investments must be multiplied 3 to 6 times.
 
The challenges we face are immense. This IPCC report is part of a long series of 30 years of publications, which have given everyone time to understand and integrate these issues. From now on, no government or company that does not align its plans closely with the 4 lessons above is credible. It exposes itself to major legal scrutiny.
 
In response, Ksapa offers a range of solutions to be activated all over the world. We work on these transformational issues everyday, which are supported by our work summarized in the Towards 2030 report around 3 principles: 
 

1. Operate with a methodology. For example, the concept of double materiality is a useful addition to a strategic exercise that Ksapa has developed with many Fortune 500 companies. Impact measurement must also become more robust and build consensus in complex stakeholder ecosystems. 
2. Work together. For example, Ksapa is leading a group of 14 investment funds to reflect on how human rights issues can be taken into account in the investment process driven by the green transition. 
3. Finally, it is with a spirit of innovation that we must integrate concepts that work well separately to create new solutions and amplify the scale of the impact. This is how we can remain optimistic. Ksapa offers a range of solutions that can be activated anywhere in the world.  

 
On a daily basis, our team and our community of 150+ experts based in the G20 economies, Africa, South East Asia deploy multidisciplinary and contextual expertise to work together on these sensitive and complex issues. 
 
We look forward to hearing from you!
 

Farid Baddache, CEO