According to the report, communities around the globe are not organized to develop an overview of their "total climate risk, " a situation that includes a combination of three key factors: climate risks today, the value of future economicdevelopment and the effects of on-going climate change.
Whenever I have taught classes on corporate social responsibility ( CSR) in U.S. business schools, students seem invariably to focus on two key rationales for the development and propagation of CSR programs: their economicvalue in terms of tax incentives and their usefulness as marketing tools.
Meanwhile, the uncertainty engendered by delayed enforcement and the curtailment of injunctive relief further erodes the value of patents and complicates, rather than eases, the process of economicdevelopment.