- the introduction of explicit or implicit carbon pricing to trigger investment in low-carbon solutions
- strong support for innovations that will promote alternative and renewable energy sources, energy efficiency, and bring an end to deforestation,
- extend the battle against climate change, with greater transparency in relation to the risks and with projects that will improve funding for low-carbon projects such as green bonds,
- the establishment in all states of rigorous national and global goals for both reducing global greenhouse gas emissions and developing alternative energy sources.
Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) said “climate action represents a massive economic opportunity,” adding: “It is the first intentionally directed industrial revolution and will be the source of new jobs and strong growth for the coming decades.”
Al Gore, Vice-President of the United States (1993-2001) and Member of the World Economic Forum Foundation Board, also welcomed the pledge and said: “To change the course of history and set us on a path towards sustainable growth, we need more businesses like these to engage and to lead the global transformation to low- carbon economies.”On 17 April Veolia was also among the 43 CEOs who undertook to act together for the climate by signing the call Let’s Partner on Climate Action. Now.
Date of publication: 23 November 2015
(1) World Economic Forum