Why 2018 must be a pivotal year for climate action

The World Economic Forum identifies 2018 as a critical year for climate action, highlighting a calendar of events from the Davos Annual Meeting to COP 24. These gatherings aim to shift economic models toward low-carbon solutions, unlock climate finance via the IMF and World Bank, and leverage the leadership of cities, states, and businesses to meet Paris Agreement goals.

• The World Economic Forum's Global Risk Report consistently ranks climate change as a high priority, noting that many global regions are reaching a "crisis point". The forum seeks to move away from "old economic growth models" that obstruct investment in climate-smart and low-carbon solutions.
• International financial meetings in Washington, DC and Bali Nusa Dua are identified as essential for addressing climate finance, specifically to fund low-carbon infrastructure and resilience in the most vulnerable regions. In south-east Asia, the focus is specifically on ending unsustainable deforestation and transitioning from coal to low-carbon energy.
• Subnational leadership from cities and states is presented as a vital counterbalance to a perceived lack of federal leadership in the US. The Global Climate Action Summit in San Francisco is intended to serve as a "tipping point" for mainstreaming climate action through the efforts of non-state actors.
• Effective climate mitigation requires integrating the protection of natural carbon sinks and biodiversity with the transition to low-carbon energy. The 14th meeting of the Conference of the Parties to the Convention on Biological Diversity in Egypt is highlighted as a key opportunity to bridge these two communities.

APA

Farnworth, E. (2018). Why 2018 must be a pivotal year for climate action. World Economic Forum. https://www.weforum.org/stories/nature-and-biodiversity/why-2018-must-be-a-pivotal-year-for-climate-action/

Chicago

Farnworth, Emily. Why 2018 must be a pivotal year for climate action. World Economic Forum, 2018. https://www.weforum.org/stories/nature-and-biodiversity/why-2018-must-be-a-pivotal-year-for-climate-action/.

Wikipedia

{{cite press release |last1=Farnworth |first1=Emily |title=Why 2018 must be a pivotal year for climate action |publisher=World Economic Forum |date=5 January 2018 |url=https://www.weforum.org/stories/nature-and-biodiversity/why-2018-must-be-a-pivotal-year-for-climate-action/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{farnworth2018why, author = {Farnworth, Emily}, title = {{Why 2018 must be a pivotal year for climate action}}, publisher = {World Economic Forum}, year = {2018}, month = jan, url = {https://www.weforum.org/stories/nature-and-biodiversity/why-2018-must-be-a-pivotal-year-for-climate-action/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }