The impact of climate change on business – the rise of the green consumer?
Fabián EchegarayMarket Analysis, Brazil
Lloyd HetheringtonGlobeScan Incorporated, Canada
Eugene KritskiMethodology, GlobeScan Incorporated, Canada
Yashwant DeshmukhTeamCVoter, India
INTRODUCTION
“Climate Change is the greatest market failure the world has seen” - Sir Nicolas Stern, former Chief Economist of the World Bank.
This statement reinforces the view that climate change is a product of the world's economic and social “system” as a whole, albeit developed economies have contributed significantly more per their population to date than developing nations. It is an issue...