Business Ethics

CIA-3

Submitted To
M. Abraham Mathew

Associate Professor

Submitted By:
Sayon Das 1421328

Discuss the ethical issues involved in the climate change

negotiations between developed and developing countries

Climate change has been an ethical issue which is growing at a rapid change
which is increasingly lead to conflict between developed and developing
countries. Biological as well as ecological price is vulnerable due to climate
change which is leading to imbalance, human insecurity and conflict due to
scarcity of resources.
Climate change will reduce access to quality of natural resources which are
important to sustain livelihood but paradox of business of profit defeats the
purpose to conservation and ethics.
Climate Summit
The United Nations climate change in Copenhagen, Denmark where
significant policy and tangible commitment to reduce greenhouse gas was
proposed but there was no consensus or unanimity in any concrete
decision. In the Kyoto protocol it was stated that it is ethical
responsibility of the nations which led the industrial revolution in bear
greater responsibility for dealing with climate change as most of the
emissions in the atmosphere currently.
Developing countries which are currently emitting emissions like India,
China were exempted from the responsibility and obligation.
Developing countries such as USA, U.K are reluctant as it would affect
their economy.
But developing countries oppose mandatory obligations to reduce their
emissions.
This defeats the ethical obligations and starts the endless debate of who is
responsible for the emission and who should take action which has
unfortunately deviated the moral and ethical responsibility of government,
world leaders and corporate world from addressing the real problem.

 The warning scientific community are addressing the problem and

prominent danger of accumulation of greenhouse gases and reliance of
fossil fuels.
The ethical debate about bearing the cost of technological, economic and
political issues has created significant problem between developing and
developed country.
The conflict of interest can be solved by utilitarianism which is the
fundamental axiom of equal benefit to mankind from menace of climate
change.
Since climate change is a truly global phenomenon it is described as the perfect
moral storm which has a skewed vulnerabilities due to short term and long term
affects. Countries responsible for greater amount of emissions historically and
of those who continue emit must take degree of responsibility for climate
change and must act and attain global cooperation towards preserve the
environment.
The concept of carbon credit was created as a tradable certificate
representing the right to emit one tonne of carbon dioxide or greenhouse
gases which gives them credit for reducing emission. If one party or
company has to emit carbon monoxide they will have to buy the credit.
This mechanism is to allow market mechanism to drive industrial and
commercial process of low carbon monoxide emission and generate
credit.
However this is backed by economic mechanism and not business ethics and
corporate governance.
The challenge to ethical action to climate change problems is intergenerational
ethics and the relationship between nature and human. The question of ethical
arises in which answers that we have an obligation to protect animals,
environment and climate which is deteriorating due to unfathomable growth of
human need, greed and ambition. Ethics and Moral can alone solve the problem
along with commitment and determination.

BIBLIOGRAPHY
http://www.nature.com/scitable/knowledge/library/ethics-and-globalclimate-change-84226631
http://podcast.zirve.edu.tr/sandbox/groups/economicsandadministrativescie
nces/wiki/fa50c/attachments/0e400/Climate_change,_human_security_and_
violent_conflict.pdf
http://edition.cnn.com/2015/11/29/europe/france-paris-cop21-climatechange-conference/
http://ourworld.unu.edu/en/does-climate-change-cause-conflict
http://www.foodandenvironment.com/2012/12/international-debate-onclimate-change.html
https://www.mtholyoke.edu/~tiern20l/classweb/climatechange/development.
html
http://hubpages.com/politics/Climate-Change-Who-should-clean-up-themess