Why leaders at COP26 are missing an opportunity to be bolder in their actions

In our latest Leading Insights, Professor Kevin Money explains why he believes governments could be doing more to tackle climate change.

Even if you decided to live a simpler life after lockdown, or if you are trying to unplug yourself from social media, you would probably be aware that most world leaders are currently attending COP26 in Glasgow to agree a global response to climate change. Many will have noticed more tangible agreements than at previous summits, such as to end deforestation, to reduce methane emissions and end the use of coal in many countries, albeit with some long timescales. The agreements also include countries that are critical to success, such as Brazil, Indonesia and the United States. So why have countries decided to act more decisively now and are they missing an opportunity to do more?

To start with, the science of climate change is now mainstream, largely uncontested, and the need to act in the long-term self-interest of our species is compelling. Public opinion on climate change has shifted to be more aware and concerned with environmental issues and governments have followed with more decisive action. But could governments do more and are they missing an opportunity? We would argue yes. Researchers, such as Shalom Schwartz, who study societal values and cultures suggest that periods of global crisis (such as COVID) result in us collectively reassessing our values, resetting our behavioural norms and acting differently. Without such inflection points, cultures and collective behaviours are very slow to change. In a crisis, individuals learn new coping skills and how to be resilient, while existing skills are enhanced.

As a society we have seen the impact of COVID and are ready for action that will prevent future crises. It seems that this readiness extends to changing habits and action on climate change. For example, recent research from Ethical Consumer and the Co-op, suggests that households in the UK became more sustainable after lockdown, with more people now aiming to reduce plastic and energy consumption, buying more organic, Fairtrade and local products, and cycling or walking instead of jumping into a car. Organisations such as Tesla have also shown us that there are now technological solutions that we were told were decades away. Increasing energy prices and the global shortage of natural gas have further focused the minds of the citizen to move away from our dependence on fossil fuels, which are not only harmful to the environment, but are also very expensive and put at risk by a volatile political environment.

All this leads to a situation where citizens are ready for change and the most effective way for this to happen is through bold changes in policy and global agreements. Citizens want government to make changes that will prevent future crises, create jobs and bring more stability to the world. One answer to this is to act to reduce climate change, to protect natural resources (such as forests) and to invest in technologies and initiatives to provide renewable energy and sustainable solutions in food production. We believe that there has never been a better opportunity for policy change. All eyes are on the major world powers โ€“ including those not currently in Glasgow. We think that governments will be rewarded for being bold, not only in terms of reducing climate impacts and creating jobs but also in terms of generating support from citizens.

Professor Kevin Money - Henley Business School Finland

Kevin Money

Kevin is Professor of Responsible Leadership and Reputation and the Director of the John Madejski Centre for Reputation within the School of Marketing and Reputation. Kevin is a chartered psychologist and former editor of the Journal of General Management and Manager Update. He is also a director of several organisations, including the Positive Psychology Forum, iSolon and Edutain.

Related content

Becoming a better leader is about becoming a better person - Henley Business School Finland

Becoming a better leader is about becoming a better person

  • 24 Nov 2022
One of things that sets the Henley Executive MBA apart from other postgraduate programmes is the strong emphasis on personal development. It is great to systematically take time for personal reflection that is not focused on work objectives, but rather on balancing my personal needs with the external demands Iโ€™m facing. Identifying and resolving matters that stop you from being a better person are an integral part of the path of any leader who wants to develop.

Executive Certificate in Leadership online information session

  •   13.12.2022 โ€“ 08:30 to 10:00
  • Online ๐ŸŒ
The Executive Certificate in Leadership is an in-depth leadership programme for experienced leaders and senior managers with significant leadership responsibilities. It is unique in its emphasis on developing leadership within the organisational context. During the programme, you will develop your leadership capability and learn how to maximise your teamโ€™s performance.
The Henley Partnership - ESG: Why should we care?

Henley Partnership: Masterclass โ€“ ESG: Why should we care?

  •   7.12.2022 โ€“ 16:30 to 18:30
  • Online ๐ŸŒ
It is now clear that big investors will invest in organisations which are demonstrably committed to strong principles about the environment, society and how they are governed. This form of corporate activism is becoming the expected norm for organisations. What can this approach do for your business?