• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
FinanceDavos

John Kerry says the technology to fight climate change exists. It just needs to scale

By
Dan Reilly
Dan Reilly
Down Arrow Button Icon
By
Dan Reilly
Dan Reilly
Down Arrow Button Icon
May 24, 2022, 3:00 PM ET
Add Fortune on Google for similar content.

“There isn’t any country on the planet that isn’t feeling and living the impacts of the climate crisis.”

Those stark words, spoken by former U.S. Secretary of State and Senator John Kerry, set the tone for the Safeguarding Our Planet and People panel at the World Economic Forum in Davos on Tuesday.

“We have the basic technologies now already deployed, to get where we need to in the next eight years to meet the goal of a 45% reduction [in emissions],” said Kerry, the U.S. special presidential envoy for climate. “But we do not have yet the technologies fully brought to scale and developed sufficiently. We can’t do it, folks, if the new theology is going to become, ‘We’ve got to build out a massive gas infrastructure without regard to abatement and mitigation of that gas.’”

The event, moderated by WEF president Børge Brende, brought together experts, executives, and activists from around the world to discuss the existential threat of climate change and the actions governments and corporations can take to prevent its catastrophic effects.

Much of the conversation involved sounding the alarm on the many natural disasters and foot shortages that are occurring today, as well as the lack of cooperation from many nations and businesses towards the goals set up by the Paris and Glasgow agreements. As Kerry noted, 35% of countries did not agree to the pact that came out of COP26 last fall, while emissions and coal usage went up by 6% and 9% respectively in the past year, before the war in Ukraine led to increased instability in the energy world.

Geraldine Matchett, co-CEO of Royal DSM, noted that food production accounts for one third of all emissions of methane, which is 20 times more harmful than CO2, yet $600 billion in subsidies for agriculture don’t include plans for sustainability. Brende, meanwhile, pointed out that the globe is currently on pace to limit warming to two degrees by 2030, which, even though it’s only a half-degree off the 1.5 goal, could be devastating.

Thankfully, the panelists offered actionable suggestions and messages of hope, with the reminder that, because global warming is a manmade problem, it can be remedied with manmade solutions. A running theme throughout the event was the need for cooperation among nations, with Kerry highlighting the work he’s done with fellow panelist Xie Zhenhua, China’s special climate envoy.

“In recent years in China, the proportion of coal in the energy system has dropped from 74% to 56%,” Xie said. “We have developed renewable energy and the capacity has already reached the 1 billion kilowatts per hour and for seven consecutive years, our investment in sustainability has been over 100 billion yen. Our focus is trying to build a system based on renewable energy and we are trying to move away from fossil fuels. Also, we have announced that we will stop building coal power plants abroad. In terms of a green cover, China accounts for 25% of the world. In the following decade, China plans to plant 700 million trees to make our contribution [to our joint agreements]. So, it doesn’t matter how you say it, what matters is how you do it.”

Salesforce CEO Marc Benioff had strong words for the international business community, saying he’s ready for “environmental capitalism” and exhorting every WEF attendee to get to net-zero emissions. “That’s one of the reasons why the First Movers Coalition that we announced is so important. We are going to pre-buy $100 million dollars of capability to extend our net-zero status and I hope that every company will join us,” he said. “I’m so excited that we saw not only the governments of China and the governments of the U.S. make major commitments to invest in trees and carbon sequestration and creating carbon markets so that we can enable and energize a new ecopreneurs’ revolution.”

“There’s absolutely no doubt that the climate crisis and the climate battle has to do with energy. It also has a lot to do with nature,” added Matchett. “Photosynthesis is a very strong power to sequester carbon, so my last thought for us today is to really hone in on the innovations that can leverage the power of nature to help us win this battle. There are a lot of innovations out there that we can scale. Regenerative agriculture doesn’t need to be invented, it needs to be scaled. This is something which is entirely in our hands.”

Kerry also mentioned the need for scaling in the energy world, especially in response to Russia’s gas supply being cut off in response to its invasion of Ukraine. “There’s a headlong plunge to say, ‘That means we’ve got to drill a lot more and pump a lot more and we’ve got to build out more infrastructure in order to be able to deliver the gas to Europe,’” he remarked. “Well, Europe has made a decision to completely accelerate their deployment of renewables, and France has determined that they’re going to have to double down on nuclear and make different choices. All of us need to recognize that.”

Environmentalist and Green Generation Initiative founder Elizabeth Wathuti closed out the panel with a passionate plea for everyone to change their attitudes towards this fight.

“We know that a future that has a stable climate, clean air to breathe, clean drinking water, food to eat is very possible,” she said. “But again, we need international cooperation and solidarity for us to achieve this. What is needed now is actually courageous and urgent action from each and every person each and every sector. We all know that time is running out. We have been saying that time and again. We have to make sure that we are turning our words into action and we have to be born of compassion and respect for ourselves and all of life on Earth.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
By Dan Reilly
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
RetailAmazon
Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
By Vidhi Choudhary and Retail BrewJune 23, 2026
7 hours ago
Tom and Diane Peterman pose outside their home at Black Lake on Wednesday, April 29, 2026, in Grant Township, Mich.
EnvironmentNatural disasters
FEMA told these families they weren’t in a flood zone. Then ice came through the windows
By Tammy Webber, M.K. Wildeman and The Associated PressJune 23, 2026
8 hours ago
Quantum computing stocks surge after Trump signed executive orders backing the sector
Investingquantum computing
Quantum computing stocks surge after Trump signed executive orders backing the sector
By Marco Quiroz-GutierrezJune 23, 2026
8 hours ago
Alan Greenspan testifying before the Senate Banking Committee.
BankingFederal Reserve
The man who invented the Fed’s magic trick just died. His successor is about to try it again
By Eva RoytburgJune 23, 2026
10 hours ago
data
EnergyData centers
AI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price
By Conor Harrison and The ConversationJune 23, 2026
11 hours ago
k
PoliticsElections
Coming to an election near you: prediction markets
By Matt Motta, Robert Ralston and The ConversationJune 23, 2026
11 hours ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
16 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
18 hours ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
Investing
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
2 days ago
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
2 days ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
16 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.