The recent drop in oil prices exacerbated market anxieties around commodity supply and geopolitical shocks. And a paper published by a group of Italian researchers suggests that air pollution might be exacerbating the COVID-19 pandemic. Moving to a more sustainable, cleaner and more circular economy is a goal relevant to both health and security, as well as being an environmental consideration.
We believe sustainability will be one of the defining movements of the decade, as the world’s governments and companies seek to move toward the UN 2030 Sustainable Development Goals. Sustainability is about ensuring that we make the most efficient and least damaging use of the Earth’s resources so that we can satisfy our basic human needs—food, water and clean air. The reality of today is that our production and consumption of food and water are not as efficient as they could be, and our air is far from clean. Over 800 million people around the globe are undernourished, and an estimated 2 billion people experience moderate or severe food insecurity. According to the World Health Organization, only 20% of the population in 4,300 cities worldwide breathes clean air.
That means there is opportunity as we seek to patch gaps between supply and demand, and improve our outcomes. The good news is that the world is focused on addressing these challenges, and many companies—large and small, public and private—are hard at work.
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