Panelists: Florian Heeb, Andy King, Marco Montefiori, and Katherine Tatarinov
Sponsor: The Global Strategy Interest Group
Session Description: Climate change and the energy transition have become increasingly important topics in strategy and management. The consensus was clear: without innovation and the engagement of all actors, we would not move the needle on climate change. Innovation was needed not only in new energy solutions, bridging energy divides, and building energy equity, but also in developing innovative financial solutions.
The voluntary carbon market had been touted as a potential financing mechanism for innovations that had yet to be funded by government subsidies—a way to drive progress in the fight against climate change. But was it truly effective?
This debate, presented by the Global Strategy Interest Group of the Strategic Management Society, brought together thought leaders from academia and practice to discuss and debate the critical question:
“Is voluntary trading of emissions credits an effective or efficient way to reduce the rate of climate change?”
