The Climate Project is using the World Economic Forum platform and network to spur greater action against climate change, and ensure that business, governments and civil society work together to meet existing commitments.
Now, more than ever before, the world is seeing unprecedented international support to address climate change. Yet, delivering on global agreements and accelerating true, tangible action on such a pressing issue has been hindered due to the lack of one essential element.
That’s why we’ve brought key players together to initiate true change, through the Climate Initiative. The initiative uses the World Economic Forum platform and network to spur greater action against climate change, ensuring that businesses, governments and civil society cooperate in strength to meet commitments and truly accelerate achievements on the issue worldwide.
How can companies, governments and civil society work together most effectively to meet these commitments?
Climate change is one of the greatest global challenges the world has ever faced. How effectively businesses, governments and communities work together to meet established international commitments will determine the future of our planet.
International commitments are incorporated within the UN Sustainable Development Goals, while the UNFCCC Paris Agreement aims to unite the world’s nations to tackle climate change together. Subsequent agreements seek to limit international carbon emissions from aviation and shipping and reduce hydrofluorocarbons – one of the more potent groups of greenhouse gases.
Public and private-sector collaboration is essential to create a marketplace that will enable dramatic reductions in emissions and build resilience – making a tangible impact on the issue of climate change now and into the future.
This initiative is part of the Platform for Shaping the Future of Global Public Goods.
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The World Economic Forum’s Climate Initiative supports two important communities to help drive progress on climate action:
• Friends of Climate Action brings together a range of organizations working with businesses, investors, cities, civil society, states and regions to collaborate and help increase ambition on global climate action.
• The Alliance of CEO Climate Leaders is a global network of top executives who see the business benefits of bold and proactive action to ensure a smooth transition to a low-carbon and climate-resilient economy. The group represents business leaders from diverse industry sectors and regions who use their position and influence to drive change.
Priority areas for the Climate Initiative include the implementation of the G20 Financial Stability Board’s Task Force recommendations on Climate-related Financial Disclosures, building support for effective carbon markets, and transformational change in the energy, mobility and agriculture value chains.
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The initiative uses the Forum platform and network to ensure collaboration, cooperation and truly global action on climate change.
Already a member or partner of the World Economic Forum? Find out more about this initiative on TopLink.