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006 THE NEW ECONOMYOPENING REMARKSEditor-in-Chief Gary Nichols-RothExecutive Editor Elizabeth RenskiAssociate Editor Georgina BriskGlobal Business Development Director James D. ButlerHead of Social Media Katrine CarstensGlobal Head of Research Dana BrejakovaResearch Manager Carmen ValacheHead of Production Stella JonesDesign Touchline.comCover ‘The Age of Sustainalism’ by Philips Lighting. Do not miss the Industry Introduction on pages 18-21Published by World News - CLIMATE CHANGE The New Economy Ltd 75 Albany Mansions, Albert Bridge Road, London, SW11 4PQ Telephone: +44 (0)203 742 5320 Email: gary.nichols-roth@climatechange- theneweconomy.comFor additional copies of CLIMATE CHANGE The New Economy (CCTNE) please contact: copy@productionoffice.uk.comPrice: £45.00 US$55.00 €50.00About World News – CLIMATE CHANGE The New Economy Ltd. We promote independent and informed discussion on issues related to climate change – especially the implementation of clean technology – through high quality publications aimed at political and business leaders and opinion formers. Working with national and international agencies we aim to reach the widest possible audience with a clear and accessible argument for a decisive action against climate change.The views and opinions expressed in this publication do not necessarily reflect the views of the Publisher or the Editor.While every care has been taken in the preparation of this publication, neither the Publisher nor the Editor are responsible for any inaccuracies in the content of the articles presented.The growing number of global, catastrophic weather events brought on by human made climate change should serve as a screaming wake-up call, for us all. Scientists have clarified that such extreme weather is exactly what their models have predicted all along. What we are witnessing will be the new normal of a warming world – and even sooner than expected.Although all countries need to adapt to the inevitable climate impacts, we must also strengthen resilience and drastically reduce our dependence on fossil fuels.Why? Because ‘we know that the world has the tools, the technologies and the wealth to address climate change, but we must show more determination in moving towards a green, clean, sustainable energy future’. (Antonio Guterres – Secretary General, United Nations).As recent events have illustrated, no country is immune and we cannot continue to look at the challenges facing the world in isolation. Safeguarding our planet’s survival can only be achieved through accelerating more sustainable consumption and production patterns, rather than measuring our success through GDP. How? ‘We need to become much smarter, more resource-efficient and change from a linear approach to a circular society, in which a long-term quality of life becomes the most important metric’. (Harry Verhaar, Head of Global Public & Government Affairs, Philips Lighting).Fiji’s presidency of this year’s COP is significant in highlighting the importance of keeping within the pre-industrial 1.5°C target, thereby protecting us from the most catastrophic impacts of climate change. Standing shoulder to shoulder with the Small Island Developing States (SIDS) and other vulnerable countries who are on the frontline of climate change, CCTNE urges all stakeholders to ramp up ambition ‘as ensuring the full implementation of the Paris Climate Change Agreement and Sustainable Development Goals together – championed and agreed by the international community of nations under the UN – represents the one chance the world has to avoid the worst’. (Patricia Espinosa, Executive Secretary, UNFCCC) James D. ButlerBusiness Development