About WorldGBC Statement Foreword Introduction A Changing World The Intergovernmental Panel on Climate Change (IPCC) suggests that to limit global warming to less than 1.5°C over the next few decades, global carbon neutrality must be achieved at the latest by 2050 22 . The last decade has experienced the hottest years on record and increasing extreme weather events, such as forest fires, heat waves and floods 23 . At current trajectory, global warming is anticipated to exceed pre-industrial levels by more than 2°C by 2060 and could even reach 5°C by the end of the century 24 . As well as posing tremendous risk to human development and quality of life, environmental changes may simultaneously affect the biodiversity, productivity, and stability of the Earth’s ecosystems 25 that we all rely upon. 12 | BEYOND THE BUSINESS CASE The last decade has experienced the hottest years on record and increasing extreme weather events, such as forest fires , heat waves and floods