Beslik: Maximization of short-term gains is the biggest challenge to tackling climate change

The IPCC's fresh report shows that no substantial changes have been made to prevent a climate catastrophe which will mostly affect the poor in developing countries, Sasja Beslik, Head of Sustainable Finance Development at J. Safra Sarasin tells Realtid.

Sasja Beslik, Bank J. Safra Sarasin. | Photo: PR

We pretend that technological half-solutions and green growth would abate the approaching climate disaster, but the biggest challenge is the underlying economic system, which aims to maximize short-term gains, says Managing Director, Head of Sustainable Finance Development at Swiss Bank J. Safra Sarasin Sasja Beslik.

Talking to Realtid, Beslik, who has read parts of the newest report of Intergovernmental Panel on Climate Change (IPCC), notes that the report shows that no substantial changes have been made to prevent a climate disaster which will mainly affect the poor in developing countries.

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