In a briefing to investors, Walter Jehne, co-founder of NGO Regenerate Earth, argued that a focus on cutting emissions misses the point when it comes to understanding what a healthy biosphere could do to sequester carbon.
Biosphere fast facts
More than 75% of the earth's land area is already degraded, according to the European Commission's World Atlas of Desertification, and more than 90% could become degraded by 2050.
Deforestation and forest fires mean the Amazon Basin is now a net emitter of CO2
Forecasts are for nine billion people on the planet by 2030, meaning a concomitant increase in pressure on existing biosystems.
Source: National Geographic: ‘First study of all Amazon greenhouse gases suggests the damaged forest is now worsening climate change’, 11 March 2021; The Times: 'One billion to be added to world’s population by 2030’, 22 June 2017
Risk profile
The views and opinions contained herein are those of the author and may not necessarily represent views expressed or reflected in other communications. This does not constitute a solicitation or offer to any person to buy or sell any related securities or financial instruments
At Federated Hermes we believe the investment industry can be a powerful force for good, building a fairer, more equitable world for all – and that active ownership and engagement is the best way to achieve this. In this, our second annual Stewardship Report, we provide an update on our efforts towards effective and outcomes-driven stewardship.
