2017 年 13 巻 1 号 p. 16-23
The objective of this paper is to deliberate the implications of the Paris Agreement on climate change in terms of business. The reason why I take this approach is that in order to appropriately deliver what the Paris Agreement requires us to do, that is obviously “Zero Emission”, we need to make a transformational change of business practice and eventually economic model. Before Paris, “Low-carbonization” used to be at the center of mitigation. After Paris, “De-carbonization” has become the goal in fight against climate change. It is this De-carbonization that will force us to take a totally different pathway from the low-carbonization days. It contains a lot of implications that will lead us to a new climate economy. By introducing good practices already in place, I will try to clear up a future course of business and finance.