Business must fight climate change now, says banker Sim Tshabalala

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The time to act to fix the damage of climate change is now and there is no need for panic, because the necessary legal and technological infrastructure is in place to slow down and ultimately reverse human-caused climate change

Tshabalala said technological solutions to counter climate change were available and we needed to use them.

Tshabalala said, however, it was not fair to expect developing countries to stop using the technologies that richer countries used – without any restrictions – to work their way out of poverty. Tshabalala said business could start by reducing its own direct and indirect carbon output as much as possible, consistent with continuing to grow businesses to serve communities.

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