Despite Trump, Global Sustainability Efforts Will Persist

Even with the expected U.S. withdrawal from the Paris Climate Accord and continued support for fossil fuels by the Trump administration, sustainability initiatives are poised to thrive for several key reasons. Firstly, U.S. cities and states are taking the lead in sustainability efforts, exemplified by initiatives such as New York City’s Local Law 97 during the previous Trump presidency. Secondly, China is driving global demand for sustainability through investments in renewable energy and advancements in clean energy technology. Lastly, the escalating frequency and severity of extreme weather events are compelling financial markets to address climate risks. Businesses will need to adjust to these trends to remain compliant and competitive, while investors are increasingly focused on environmental concerns. Despite challenges at the federal level, the dedication of states, cities, and international players like China will ensure that sustainability efforts persist and evolve in the coming years.