Inclusive Capitalism: Climate Change. Disparities Between Countries and the Impact of the Green Transition
Abstract
The first major challenge of inclusive capitalism is the fight against climate change, a legacy of past capitalist development.
However, despite scientific warnings and public awareness, the gap to be bridged remains wide. It is still unclear whether the ambitions and commitments required at the global level can be translated into concrete action.
Climate change is one of the greatest challenges humanity faces in the 21st century, and it is essentially the legacy of the so-called Industrial Age, which began more than 200 years ago in England with the First Industrial Revolution and continued through capitalist systems that accelerated growth and reshaped living standards around the world.
Inclusive capitalism addresses climate change not only as a challenge but also as an opportunity to reduce carbon emissions resulting from human activity and food production — including meat production, whose impact is amplified by logging and deforestation.
Limiting global warming to 1.5°C by 2030 and achieving Net Zero emissions by 2050 is therefore essential.