Despite the expected US withdrawal from the Paris Climate Agreement and the Trump administration’s potential support for fossil fuel production, sustainability efforts will continue to grow for three main reasons. . First, American cities and states will lead the way in sustainability efforts, as we saw under President Trump with initiatives such as New York City Law 97. Second, China will lead the world’s demand for sustainability with its heavy investment in renewable energy and leadership in the clean sector. energy technology. Finally, the increasing frequency and intensity of extreme weather events will force financial markets to respond to climate risks. While investors continue to focus on environmental issues, companies must adapt to these trends for compliance and competition. Despite the federal government’s setbacks, the involvement of states, cities, and international actors like China will ensure that sustainability efforts persist and evolve over the next four years.
