BVRio welcomes IPCC Climate Change Report

BVRio welcomes the publishing today of the IPCC Special Report Climate Change 2021: the Physical Science Basis.

The report draws on more than 14,000 scientific papers and the publication of the summary report was approved by scientists and representatives of 195 governments. The 42-page document – known as the Summary for Policymakers – provides latest knowledge on past and potential future warming, how humans are changing the climate, and how this is increasing extreme weather events and driving sea-level rises.

IPCC Working Group I Co-Chair Valérie Masson-Delmotte, commented, “It has been clear for decades that the Earth’s climate is changing, and the role of human influence on the climate system is undisputed”.

The report also shows that human actions still have the potential to determine the future course of climate. The evidence is clear that carbon dioxide (CO2) is the main driver of climate change, even as other greenhouse gases and air pollutants also affect the climate.

“Stabilizing the climate will require strong, rapid, and sustained reductions in greenhouse gas emissions, and reaching net zero CO2 emissions. Limiting other greenhouse gases and air pollutants, especially methane, could have benefits both for health and the climate,” added IPCC Working Group I Co-Chair Panmao Zhai.

It is these reductions of CO2 which BVRio has worked to support through its development of market-based solutions, over the last decade.

BVRio Director, Pedro Moura Costa, who was an author on a IPCC Special Report on Land Use, Land-Use Change and Forestry, commented, “This report unequivocally supports the need for new thinking to be applied to public policy, legislation, and voluntary corporate initiatives in order to change the current models and help guide countries towards a more sustainable path, and a greener and more inclusive economy.”

BVRio’s mission is to support these new approaches through the creation of innovative market-based solutions for the benefit of the economy, the environment and people.