Circular Economy Could Unlock $4.5 trillion by 2030, Says European Commission

With the progress of climate change, both the financial and the social sectors are to face negative impacts. As climate change speeds up, it effects politics also. This is why business owners and companies should focus on how to overcome the climate emergency and expand their business. 

Normally the first step in tackling climate hazards is to transition to a low-carbon economy. But it is important to remember that before adopting the necessary precautions a business should always calculate the total impact of climate change on the business. It is hard to avoid climate-related risks if only a few businesses adopt greener energy and low carbon emissions. The whole industry should adopt policies to reduce global carbon emissions despite profit charts. 

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