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Asia Pacific Centre for Sustainable Enterprise
@APCSE



Climate Resilience:
How forward-looking organisations are taking action
to mitigate the impact of climate change


Professor Jeremy B. Williams
Acting Director
Asia Pacific Centre for Sustainable Enterprise
Griffith Business School

South Bank Graduate Centre, 19 February 2013
Presentation slides and Twitter back channel




        facebook.com/profjeremybwilliams
Welcome to the Anthropocene
Welcome to the Anthropocene
http://www.anthropocene.info/




https://vimeo.com/39048998
(World Biocapacity/ World Ecological Footprint) x 365 = Ecological Debt Day




             August 22nd
Chinese proverb: “Better to give a man a rod than a fish”




       Source: Daly, H.E. (2005) ‘Economics in a full world’, Scientific American, September, p. 102.



… the supply of fishing rods is no longer the problem
15 football pitches per day




Image source: nationalgeographic.com


  It is a shortage of trees, not chainsaws, that threatens timber production
The Aral Sea once the fourth largest lake in the world, continues to
    shrink and is now 10 percent of its original size




• Water itself has become scarce relative to the powerful
  pumping technologies used to access it
Examples of ecosystem services (Costanza et al 1997)
Ecosystem service                   Examples
Climate regulation                  Greenhouse gas regulation, dimethyl sulfide production affecting cloud
                                    formation.
Disturbance regulation              Storm protection, flood control, drought recovery and other aspects of
                                    habitat response to environmental variability mainly controlled by
                                    vegetation structure.

Water regulation                    Provisioning of water for agriculture (e.g. irrigation) or industrial (e.g.
                                    milling) processes or transportation.
Water supply                        Provision of water by watersheds, reservoirs and aquifers.
Soil formation                      Weathering of rock and the accumulation of organic material.
Nutrient cycling                    Nitrogen fixation, nitrogen, phosphorous and other elemental or nutrient
                                    cycles.
Waste treatment                     Waste treatment, pollution control, and detoxification.
Pollination                         Provision of pollinators for the reproduction of plant populations.
Biological control                  Keystone predator control of prey species, reduction of herbivory (plant
                                    eating by insects) by top predators.
Food production                     Production of fish, game, crops, nuts, fruits etc. by hunting, gathering,
                                    subsistence farming or fishing.
Raw materials                       Production of lumber, fuel or fodder.
Genetic resources                   Medicine, products for materials science, genes for resistance to plant
                                    pathogens and crop pests, ornamental species (pets and horticultural
                                    varieties of plants).

Recreation                          Eco-tourism, sport fishing and other outdoor recreational activities.
Cultural                            Aesthetic, artistic, education, spiritual and/or scientific values of
                                    ecosystems.
Paul Hawken

„We have an economy that tells
us that it is cheaper to destroy
earth in real time rather than
renew, restore, and sustain it.

You can print money to bail out
a bank but you can‟t print life to
bail out a planet.

At present we are stealing the
future, selling it in the present,
and calling it gross domestic
product.‟
Source: nationaljournal.tumblr.com
 October 2006:
  “The greatest
  market failure
  the world has
  ever seen”

   Sir Nicholas Stern


                         January 2013:
IPCC Fourth Assessment Report


                                February, 2007:
                                Evidence of Human-
                                caused Global Warming
                                is ... “Unequivocal”
New colours on the temperature map
December 2012 was
                 the 36th consecutive
December 2012:   December and 334th
                 consecutive month with
                 global temperature
                 higher than the 20th
                 century average.

                 Source: The National Oceanic
                 and Atmospheric Administration
                 (NOAA) of the US Department
                 of Commerce

                 http://www.ncdc.noaa.gov/sotc/g
                 lobal/2012/12
31
James L. Powell (author of The Inquisition of Climate Science) reviewed 13,950
peer-reviewed papers published between January 1991 and early November
2012, and only 24 (0.17%) clearly reject global warming or endorse a cause
other than CO2 emissions for observed warming.
2005: CO2 = 379ppm
350.org
36




Source: http://www.21school.ox.ac.uk/news/archive/200702_inaugural_lecture.cfm
Dr. Malte Meinshausen
Meeting the Cancun Agreement commitment


                      International commitment to limit
                       global warming to 2°C above pre-
                       industrial levels

                      Meinshausen et al calculated that to
                       reduce the chance of exceeding 2°C
                       warming to 20%, the global carbon
                       budget for 2000-2050 is 886Gt CO2

                      Deducting emissions from the first
                       decade of this century, leaves a
                       budget of 565Gt CO2 for the 40 years
                       to 2050
July 2011

     The carbon budget for the 40 years to
      2050 is 565Gt CO2

     All of the proven reserves owned by
      private and public companies and
      governments are equivalent to
      2,795Gt CO2

     Only 20% of the total reserves can be
      burned unabated, leaving up to
      80% of assets
      technically
      unburnable



    http://www.carbontracker.org/wp-
    content/uploads/downloads/2012/08/Unburnable-
    Carbon-Full1.pdf
At the present rate of consumption, the 2000-2050 carbon budget will be exceeded around   2024
Bill McKibben
In 1750 (before the growth of fossil fuels) there was 2 trillion metric tons of carbon dioxide gas in the
atmosphere. If we extracted it from the air, this the total volume of that gas. (At standard pressure
and 15°C the cube is over 65 miles across.)
Since 1750 we have added another 1.5 trillion tons
Nearly 1 trillion tons of the carbon dioxide we have added is still in the atmosphere. The rest has
dissolved in the oceans or been absorbed by plants and microbes.
Warming the planet by more than 2°C risks run-away climate change, and catastrophe for life on
Earth. If we add any more than half a trillion tons we will exceed 2°C.
When we add up the declared reserves of fossil fuel companies, it turns out they are equivalent to
2.8 trillion tons of carbon dioxide. This is fuel we cannot afford to use.
“This shows that the fossil fuel companies have five times more carbon in their reserves than
even the most conservative governments think would be safe to burn” – Bill McKibben
The reaction to the Meinshausen et al (2009) paper

 Web of Science: 262 citations in scientific articles

 More than 600 citations in Google Scholar

 Top 0.1% of cited environmental papers

 Overall results widely accepted by scientific
  community

 Silence from fossil fuel industry
Paul Gilding
Creating the next industrial revolution

                               Paul Hawken, Amory and L. Hunter Lovins
                               propose 4 central strategies of natural
                               capitalism:

                                         Radical resource
                                          productivity
                                         Biomimicry
                                         Service and flow
                                          economy
                                         Investing in natural
                                          capital

www.naturalcapitalism.org
                            See, also by Paul Hawken, (1994) The Ecology of Commerce
Nick Robins, Head of the Climate Change Centre at
HSBC Bank, London, on the impact in Europe of a
deflating carbon bubble:

Could nearly halve the value of coal assets on the
London exchange, and knock three-fifths from the
value of oil and gas companies.

“At the moment this risk is not being priced at all”
John Hewson
Asset Owners Disclosure
Project (AODP)




“The average pension fund invests about 55 per cent of its portfolio in high-carbon intensive
industries and only 2 per cent in their low carbon counterparts.

How are they going to manage the risk of catastrophic climate change going forward? The best
way is to put a higher percentage of their funds in low carbon-intensive industries.”
http://www.kpmg.com/AU/en/IssuesAndInsights/ArticlesPublications/Documents/is-natural-capital-a-material-issue.pdf
http://www.oxfamamerica.org/press/files/prep-value-chain-climate-resilience.pdf
http://www.greenbiz.com/research/report/2013/02/state-green-business-report-2013
 „For the purpose of attaining freedom
                 in the world of nature, man must use
                 natural science to understand,
                 conquer and change nature and thus
                 attain freedom from nature.‟

               Speech at the inaugural meeting of the Natural
               Science Research Society of the Border Region
               (February 5, 1940).




Chairman Mao
January 2013: Beijing
air pollution off the scale

 Gaia 1-0 China
October 2012: Superstorm Sandy




             Gaia 1-0 USA
Long term prosperity needs resilience not just efficiency



                               The key to sustainability lies in
                                enhancing the resilience of
                                communities, not in optimising
                                isolated parts of the system

                               Need to think in terms of social-
                                ecological systems

                               Build in redundancy to stay
                                within known thresholds




       Walker & Salt (2006)
facebook.com/profjeremybwilliams




au.linkedin.com/in/jembwilliams



@TheGreenMBA
@jeremybwilliams

jeremybwilliams.net

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Climate Resilience: How forward-looking organisations are taking action to mitigate the impact of climate change

  • 1. Asia Pacific Centre for Sustainable Enterprise @APCSE Climate Resilience: How forward-looking organisations are taking action to mitigate the impact of climate change Professor Jeremy B. Williams Acting Director Asia Pacific Centre for Sustainable Enterprise Griffith Business School South Bank Graduate Centre, 19 February 2013
  • 2. Presentation slides and Twitter back channel facebook.com/profjeremybwilliams
  • 3.
  • 4. Welcome to the Anthropocene
  • 5. Welcome to the Anthropocene
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. (World Biocapacity/ World Ecological Footprint) x 365 = Ecological Debt Day August 22nd
  • 12.
  • 13. Chinese proverb: “Better to give a man a rod than a fish” Source: Daly, H.E. (2005) ‘Economics in a full world’, Scientific American, September, p. 102. … the supply of fishing rods is no longer the problem
  • 14.
  • 15. 15 football pitches per day Image source: nationalgeographic.com  It is a shortage of trees, not chainsaws, that threatens timber production
  • 16.
  • 17. The Aral Sea once the fourth largest lake in the world, continues to shrink and is now 10 percent of its original size • Water itself has become scarce relative to the powerful pumping technologies used to access it
  • 18. Examples of ecosystem services (Costanza et al 1997) Ecosystem service Examples Climate regulation Greenhouse gas regulation, dimethyl sulfide production affecting cloud formation. Disturbance regulation Storm protection, flood control, drought recovery and other aspects of habitat response to environmental variability mainly controlled by vegetation structure. Water regulation Provisioning of water for agriculture (e.g. irrigation) or industrial (e.g. milling) processes or transportation. Water supply Provision of water by watersheds, reservoirs and aquifers. Soil formation Weathering of rock and the accumulation of organic material. Nutrient cycling Nitrogen fixation, nitrogen, phosphorous and other elemental or nutrient cycles. Waste treatment Waste treatment, pollution control, and detoxification. Pollination Provision of pollinators for the reproduction of plant populations. Biological control Keystone predator control of prey species, reduction of herbivory (plant eating by insects) by top predators. Food production Production of fish, game, crops, nuts, fruits etc. by hunting, gathering, subsistence farming or fishing. Raw materials Production of lumber, fuel or fodder. Genetic resources Medicine, products for materials science, genes for resistance to plant pathogens and crop pests, ornamental species (pets and horticultural varieties of plants). Recreation Eco-tourism, sport fishing and other outdoor recreational activities. Cultural Aesthetic, artistic, education, spiritual and/or scientific values of ecosystems.
  • 19. Paul Hawken „We have an economy that tells us that it is cheaper to destroy earth in real time rather than renew, restore, and sustain it. You can print money to bail out a bank but you can‟t print life to bail out a planet. At present we are stealing the future, selling it in the present, and calling it gross domestic product.‟
  • 20.
  • 21.
  • 22.
  • 23.
  • 25.  October 2006: “The greatest market failure the world has ever seen” Sir Nicholas Stern  January 2013:
  • 26. IPCC Fourth Assessment Report February, 2007: Evidence of Human- caused Global Warming is ... “Unequivocal”
  • 27.
  • 28.
  • 29. New colours on the temperature map
  • 30. December 2012 was the 36th consecutive December 2012: December and 334th consecutive month with global temperature higher than the 20th century average. Source: The National Oceanic and Atmospheric Administration (NOAA) of the US Department of Commerce http://www.ncdc.noaa.gov/sotc/g lobal/2012/12
  • 31. 31
  • 32. James L. Powell (author of The Inquisition of Climate Science) reviewed 13,950 peer-reviewed papers published between January 1991 and early November 2012, and only 24 (0.17%) clearly reject global warming or endorse a cause other than CO2 emissions for observed warming.
  • 33.
  • 34. 2005: CO2 = 379ppm
  • 38. Meeting the Cancun Agreement commitment  International commitment to limit global warming to 2°C above pre- industrial levels  Meinshausen et al calculated that to reduce the chance of exceeding 2°C warming to 20%, the global carbon budget for 2000-2050 is 886Gt CO2  Deducting emissions from the first decade of this century, leaves a budget of 565Gt CO2 for the 40 years to 2050
  • 39. July 2011  The carbon budget for the 40 years to 2050 is 565Gt CO2  All of the proven reserves owned by private and public companies and governments are equivalent to 2,795Gt CO2  Only 20% of the total reserves can be burned unabated, leaving up to 80% of assets technically unburnable http://www.carbontracker.org/wp- content/uploads/downloads/2012/08/Unburnable- Carbon-Full1.pdf
  • 40. At the present rate of consumption, the 2000-2050 carbon budget will be exceeded around 2024
  • 41.
  • 43. In 1750 (before the growth of fossil fuels) there was 2 trillion metric tons of carbon dioxide gas in the atmosphere. If we extracted it from the air, this the total volume of that gas. (At standard pressure and 15°C the cube is over 65 miles across.)
  • 44. Since 1750 we have added another 1.5 trillion tons
  • 45. Nearly 1 trillion tons of the carbon dioxide we have added is still in the atmosphere. The rest has dissolved in the oceans or been absorbed by plants and microbes.
  • 46. Warming the planet by more than 2°C risks run-away climate change, and catastrophe for life on Earth. If we add any more than half a trillion tons we will exceed 2°C.
  • 47. When we add up the declared reserves of fossil fuel companies, it turns out they are equivalent to 2.8 trillion tons of carbon dioxide. This is fuel we cannot afford to use.
  • 48. “This shows that the fossil fuel companies have five times more carbon in their reserves than even the most conservative governments think would be safe to burn” – Bill McKibben
  • 49.
  • 50.
  • 51. The reaction to the Meinshausen et al (2009) paper  Web of Science: 262 citations in scientific articles  More than 600 citations in Google Scholar  Top 0.1% of cited environmental papers  Overall results widely accepted by scientific community  Silence from fossil fuel industry
  • 53. Creating the next industrial revolution Paul Hawken, Amory and L. Hunter Lovins propose 4 central strategies of natural capitalism:  Radical resource productivity  Biomimicry  Service and flow economy  Investing in natural capital www.naturalcapitalism.org See, also by Paul Hawken, (1994) The Ecology of Commerce
  • 54. Nick Robins, Head of the Climate Change Centre at HSBC Bank, London, on the impact in Europe of a deflating carbon bubble: Could nearly halve the value of coal assets on the London exchange, and knock three-fifths from the value of oil and gas companies. “At the moment this risk is not being priced at all”
  • 55. John Hewson Asset Owners Disclosure Project (AODP) “The average pension fund invests about 55 per cent of its portfolio in high-carbon intensive industries and only 2 per cent in their low carbon counterparts. How are they going to manage the risk of catastrophic climate change going forward? The best way is to put a higher percentage of their funds in low carbon-intensive industries.”
  • 59.
  • 60.
  • 61.  „For the purpose of attaining freedom in the world of nature, man must use natural science to understand, conquer and change nature and thus attain freedom from nature.‟ Speech at the inaugural meeting of the Natural Science Research Society of the Border Region (February 5, 1940). Chairman Mao
  • 62. January 2013: Beijing air pollution off the scale Gaia 1-0 China
  • 63. October 2012: Superstorm Sandy Gaia 1-0 USA
  • 64. Long term prosperity needs resilience not just efficiency  The key to sustainability lies in enhancing the resilience of communities, not in optimising isolated parts of the system  Need to think in terms of social- ecological systems  Build in redundancy to stay within known thresholds Walker & Salt (2006)

Editor's Notes

  1. http://sargasso.nl/wp-content/uploads/2011/09/id_earth_destroy.png#
  2. lolsnaps.com
  3. http://graphics8.nytimes.com/images/2010/09/16/opinion/Friedman_New/Friedman_New-articleInline.jpg
  4. http://www.bioregional.com/files/media/image/graphics/footprints%20fb.jpg
  5. http://news.bbc.co.uk/2/hi/science/nature/2580733.stm
  6. 3.bp.blogspot.com
  7. http://www.news.com.au/technology/sci-tech/landsat-reveals-our-shrinking-world/story-fn5fsgyc-1226547079095#ixzz2IOivJ163
  8. http://2.bp.blogspot.com/-rWxGFgiQ_yg/T6mMaFZaOuI/AAAAAAAAFIc/ubry7dOC6AM/s1600/Paul%2BHawken%2Bdefines%2Bsustainable%2Bbusiness.jpg
  9. http://nationaljournal.tumblr.com/post/13639352393/national-journal-december-3-2011-issue
  10. http://media.treehugger.com/assets/images/2013/01/nic-stern-photo-01.jpg.492x0_q85_crop-smart.jpghttp://www.itomorrow.theforesightproject.org/images/global-large.jpg
  11. Images.smh.com.au
  12. https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-ash4/424077_10151346664177708_2143274987_n.jpg
  13. http://content.cartoonbox.slate.com/
  14. Jamespowell.orghttps://a248.e.akamai.net/f/248/1856/90m/img.youtube.com/vi/FSHDDteCBXw/mqdefault.jpg
  15. http://www.pik-potsdam.de/members/mmalte
  16. http://seeker401.files.wordpress.com/2010/12/cancun-mexico-climate-change-conference-2010.jpg?w=497
  17. http://www.carbontracker.org/wp-content/uploads/downloads/2012/08/Unburnable-Carbon-Full1.pdf
  18. http://www.tu.no/migration_catalog/2011/07/11/tu20110711fossile-utslipp---carbon-tracker-initiative-201150415_05_15-1107111420.jpg/ALTERNATES/w940f/TU20110711Fossile+utslipp+-+Carbon+Tracker+Initiative+201150415_05_15+1107111420.jpg
  19. http://images5.fanpop.com/image/photos/31500000/Justin-Bieber-RollingStone-photoshoot-Magazine-2012-justin-bieber-31532686-2000-1531.jpg#
  20. http://assets.rollingstone.com/assets/images/gallery/500x595/20121210-bill-mckibben-x595-1355169564.jpg
  21. http://www.carbonvisuals.com/media/item/382/342/PortlandOR-1-CO2-1750_960px.jpg
  22. http://www.carbonvisuals.com/media/item/383/342/PortlandOR-2-emissions-since-1750_960px.jpg
  23. http://www.carbonvisuals.com/media/item/384/342/PortlandOR-3-man-made-CO2-now_960px.jpg
  24. http://www.carbonvisuals.com/media/item/385/342/PortlandOR-4-max-2-degs_960px.jpg
  25. http://www.carbonvisuals.com/media/item/387/342/PortlandOR-5-declared-reserves_960px.jpg
  26. http://www.carbonvisuals.com/media/item/380/342/math-3d-960.jpg
  27. http://i.cdn.turner.com/cnn/dam/assets/120405125030-natpkg-orig-ideas-paul-gilding-00004729-c1-main.jpghttp://www.zeitgeistaustralia.org/wordpress/wp-content/uploads/2012/07/THE-GREAT-DISRUPTION3.jpg
  28. http://www.theage.com.au/business/carbon-economy/bursting-the-carbon-bubble-20130214-2efob.html#ixzz2LGNA1QGyhttp://www.hsbcnet.com/gbm/images/zone2/global-insights/nick-robins.jpg
  29. http://www.theage.com.au/business/carbon-economy/bursting-the-carbon-bubble-20130214-2efob.html#ixzz2LGNA1QGyhttp://www.afr.com/rw/2009-2014/AFR/2012/08/08/Photos/6f3bc784-e18f-11e1-ac36-173e1a3f7313_syd-5oi2k4eu0kk156afh56z-9154--646x363.jpg
  30. http://www.kpmg.com/AU/en/IssuesAndInsights/ArticlesPublications/Documents/is-natural-capital-a-material-issue.pdf
  31. http://www.oxfamamerica.org/press/files/prep-value-chain-climate-resilience.pdf
  32. https://c479107.ssl.cf2.rackcdn.com/files/9949/width668/jdb29vdx-1335406633.jpg
  33. http://upload.wikimedia.org/wikipedia/commons/thumb/9/94/Mao.jpg/220px-Mao.jpg
  34. http://www.independent.co.uk/incoming/article8459200.ece/ALTERNATES/w460/china-graphic.jpghttp://www.calgaryherald.com/business/7886815.bin?size=620x400
  35. http://www.transportationissuesdaily.com/deteriorating-transportation-system-susceptible-to-more-frequent-weather-disasters/superstorm-sandy/
  36. http://www.nhbs.com/images/jackets_resizer_large/16/163452.jpg