Solve Climate by 2030: Multi-Stakeholder Recommendations for Responsible Management Education in Eurasia

Background

The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29 UNFCCC) is scheduled for November 11-24 in Baku, Azerbaijan. COP29 will serve as a pivotal platform for negotiating international climate policies, advancing climate action, and fostering global cooperation to achieve a sustainable and resilient future. Among the many stakeholders who will participate in the deliberations and negotiations at the annual climate conference, academia and business have a significant role to play in accelerating the climate agenda.

The projected rise in earth’s temperature will be disastrous for people and the planet. In just one generation, the global temperature is projected to warm by 1.5 degrees Celsius and between 2-4 degrees Celsius by the end of the century. Therefore, proactive measures must be taken now to prevent it.

Building from a similar event hosted by PRME Chapter Eurasia co-Chair, Narxoz University, prior to COP26, the Narxoz team partnered with the Principles for Responsible Management Education (PRME), the academic initiative of the United Nations Global Compact, the world’s largest corporate responsibility network, to initiate dialogue and develop recommendations for business and academia ahead of COP29.

Concept of the event

This online event aimed to engage in a multi-stakeholder dialogue, with academia, businesses, students, civil society and the governments of the Eurasian region, in order to produce recommendations on the future of responsible business and management education in the lead up to the COP. This was done recognizing the unique geographical and cultural connections these countries have and shared interests for climate change mitigation and adaptation.

Outcomes

The outcomes of this event includes a set of multi-stakeholder recommendations in three categories, and will be delivered to business, governments and higher education institutions, ahead of COP negotiations. Access the executive summary.