COP30 Open Letter: Climate adaptation is really a question of global good versus individual cost

‘Three-quarters of carbon emissions come from outside the electricity sector - in steel, cement, shipping and aviation. These are the hard-to-abate industries where we urgently need breakthroughs.’ Sumant Sinha, ReNew CEO and member of the Alliance Of CEO Climate Leaders, explains why government support is key to scaling industry solutions and unlocking capital for deep decarbonization. Representing 130+ major companies with $4 trillion in combined revenues, the Alliance is urging policy-makers to act on climate change. In their open letter to COP30, the CEOs are calling on governments to create the right enabling environment for businesses to accelerate the shift toward a low-emissions, nature-positive economy. As the world looks to COP30, momentum is building for collective action on climate change. The World Economic Forum and its partners are helping scale what already works - from innovative finance models to business-led solutions that deliver sustainable prosperity, for People Planet Progress. Read the Open Letter to COP30: https://wef.ch/openletter2025