GOTO Climate action summit - Al Gore, Former US Vice President keynote speaker
Former US Vice President Al Gore joins our GOTO Climate Action summit
Al Gore pushed the issue of the climate crisis to the front of the global dialogue. His documentary and bestseller An Inconvenient Truth delivered a powerful warning about the threat of environmental catastrophe. In 2007, Gore was awarded the Nobel Peace Prize, along with the Intergovernmental Panel on Climate Change, for 'informing the world of the dangers posed by climate change.'
As the world deals with the consequences of another looming but long-ignored threat, the 45th vice-president of the US returned to Oxford, virtually, to argue that we must seize the opportunity to transform the global economy.
Gore is the co-founder and chairman of Generation Investment Management, and the founder and chairman of The Climate Reality Project, a nonprofit devoted to solving the climate crisis. He is also a senior partner at Kleiner Perkins Caufield & Byers and a member of Apple Inc.’s board of directors.
Al Gore told students that a 'sustainability revolution' offers the greatest opportunity to create new jobs in the history of the world - with the magnitude of the industrial revolution, yet the speed of the digital revolution.
Mr Gore, who won a Nobel Peace Prize for raising awareness of climate change, said that the 'exponential cost reduction curve' seen in consumer devices like mobile phones can now be applied to sustainable technologies such as solar panels. This shift is challenging the dominance of fossil fuels, and could see hundreds of millions of jobs created to retrofit the equipment into buildings, he said.
Mr Gore spoke as climate change is again brought into sharp focus, due to parallels with the Covid-19 crisis. Studies show that air pollution causes almost 9 million people to die every year, and is correlated with higher death rates from Covid-19. Across both crises, lives could have been saved had society listened to evidence from experts including scientists and doctors, said Mr Gore. Both crises have highlighted societal inequalities and discrimination which must be addressed. Businesses must now consider their impact on society, instead of focusing on short-term gains, he said.
But Mr Gore remained optimistic. Recognising the legacy and position of Oxford and its business school, he issued a rallying call for students to help tackle the climate crisis, which challenges the viability of human civilisation.
As part of the session, four MBA students posed questions direct to Mr Gore about climate change, responsible investment, and sustainability.
In thanks, Peter Tufano, Dean of Saïd Business School said that one of the scarcest resources that the world needs today is the strong, principled and evidence-based leadership Gore has showed through his entire lifetime.
To close the session – part of the Leadership in Extraordinary Times series, a panel of academics revealed winners of the Oxford MBA's GOTO programme – which saw 500 students from 60 countries compete for £10,000 in cash prizes by devising systematic solutions to address climate change.
Overall winners were Hemp – who presented ideas for a 'closed loop' fashion supply chain, to encourage use of sustainable materials. Runners up were Behsalal Gambia – who suggested ways to encourage use of renewable energy. In third place, and winners of an audience vote, were Ecobytes, who explored ways to make energy use and data centres more sustainable, and in fourth place were Rethinking growth in Ladakh – who studied how to balance economic growth with preservation of traditional cultural identity and ecosystems.