Annual Report 2018
Scope of work:
The seminal moment for ADM Capital Foundation in 2018 was the release of the Intergovernmental Panel on Climate Change report. This covered the impacts of global warming 1.5°C above pre-industrial levels. The urgent call for action from the world’s leading climate scientists considered what might happen if we don’t manage to stem global greenhouse gas emissions. The IPCC report threw into stark relief the interwoven nature of our environmental challenges and indeed ADMCF’s programmes. Whether the focus is water scarcity, air pollution, the declining health of our oceans, the biodiversity crisis exacerbated by the burgeoning trade in wildlife product and habitat loss, there are critical and interrelated actions to be taken.
The IPCC report highlighted that the world is not on track to limit temperature rise to 1.5 degrees, which would require halving 2016 emissions by 2030 and for us to be carbon neutral by 2050. These challenging targets would require swift and unprecedented mitigation to change how we use energy, occupy buildings, produce and consume food, and transport ourselves. It would mean governments responding to the urgency and data conveyed by the scientific community with potentially unpopular action to transform our economies. Our future must be in low-carbon, resilient societies or we face a bleak and inhospitable future.
ADM Capital Foundation is committed to supporting our challenged region towards a sustainable, inclusive future for people and our planet. The IPCC, IPBES and NCE reports are startling and important reads for anyone unsure why we must act now.
Through research, ADM Capital Foundation identifies environmental challenges then works toward solutions across five key areas: marine ecology, water security, air quality (climate change), wildlife trade and forestry conservation finance.
Where ADMCF sees an environmental challenge that is not being addressed, they will look to initiate and incubate an initiative to fill the gap, or look to provide support to another in order to realise the necessary impact.