Climate Vulnerable Forum

The private sector plays a key role in ensuring a #sustainable future.https://twitter.com/wbclimatechange/status/586558098623635456 …

@TheCVF Oh please...at the end of the day, all they care about is profits. It's the whole profit-driven system that's the problem.

@RadEconomics Not necessarily. Profitability depends on companies breaking technological barriers, on their ability to reinvent industries.

@RadEconomics There are numerous examples of prosperous companies whose business is being sustainable. That's their difference.

@TheCVF But the growth-based, profit-driven system drives increasing consumption levels, and increasing consumption is not sustainable.

@RadEconomics Consumption is not the problem itself. Unsustainable production chains are the problem.

@TheCVF And yes, consumption is the problem. We are consuming at rates as if we had something like 2 earths. How is that sustainable?

@RadEconomics There are 700MM people in extreme poverty. What you propose is simply unfeasible for developing countries.