Globalization 4.0 will help us tackle climate change. Here’s how
Summary
The author contends that governments alone cannot solve the climate crisis due to short-term political cycles and competing domestic priorities. Instead, the document proposes 'Globalization 4.0' as an enabling architecture for public-private partnerships, innovative alliances, and the use of Fourth Industrial Revolution technologies to monitor and accelerate climate action. This approach aims to support the IPCC's 12-year window for action and the targets of the Paris Climate Agreement through a global 'platform' for action involving CEOs, cities, and states.
Key insights
- The Intergovernmental Panel on Climate Change (IPCC) Special Report from October 2018 indicates a critical timeframe of 12 years to act to avoid dangerous climate change.
- Political and business leaders are often distracted from climate action by the effects of the Fourth Industrial Revolution on national security, employment, and the economy, leading some politicians to prioritize domestic fixes over global cooperation.
- Achieving the 1.5°C warming limit requires systemic transitions in technology, industry, and consumer goods design through unprecedented collaboration between the public and private sectors, including alliances of governments, cities, and provinces.
- The Alliance of CEO Climate Leaders serves as an example of successful private sector collaboration, with member companies representing over $1.5 trillion in revenue and achieving a 9% reduction in collective emissions since 2015.
- Technological advances from the Fourth Industrial Revolution can be used to increase transparency and pressure for action through new methods of real-time disclosure and monitoring of climate progress.
Cite the original document
- APA
- Forum, K. S. W. E. (2019). Globalization 4.0 will help us tackle climate change. Here’s how. World Economic Forum. https://www.weforum.org/stories/nature-and-biodiversity/globalization-4-0-will-help-us-tackle-climate-change-here-s-how/
- Chicago
- Forum, Klaus Schwab, World Economic. Globalization 4.0 will help us tackle climate change. Here’s how. World Economic Forum, 2019. https://www.weforum.org/stories/nature-and-biodiversity/globalization-4-0-will-help-us-tackle-climate-change-here-s-how/.
- Wikipedia
- {{cite press release |last1=Forum |first1=Klaus Schwab, World Economic |title=Globalization 4.0 will help us tackle climate change. Here’s how |publisher=World Economic Forum |date=14 January 2019 |url=https://www.weforum.org/stories/nature-and-biodiversity/globalization-4-0-will-help-us-tackle-climate-change-here-s-how/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{forum2019globalization, author = {Forum, Klaus Schwab, World Economic}, title = {{Globalization 4.0 will help us tackle climate change. Here’s how}}, publisher = {World Economic Forum}, year = {2019}, month = jan, url = {https://www.weforum.org/stories/nature-and-biodiversity/globalization-4-0-will-help-us-tackle-climate-change-here-s-how/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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