CEO Climate Alliance to World Leaders: We Support You in Taking Decisive Climate Steps at COP26
Originally published by the World Economic Forum
- The Alliance of CEO Climate Leaders shares an open letter for world leaders at COP26.
- The CEOs say they stand ready to work side-by-side with governments in a joint public-private effort to accelerate the race to net-zero.
More than 90 CEOs of large multinational organizations, all members of the Alliance of CEO Climate Leaders, are committed to reduce emissions by more than 1Gt* annually by 2030 and believe that businesses can do more if world leaders reach agreement at COP26 that would put us on a 1.5° pathway.
Although governments representing over 60% of the world’s greenhouse gas emissions are now committed to net-zero emissions goals, only 12%** of emissions are addressed by sector-specific policies and regulations. The group of CEOs calls on world leaders to take the unique opportunity COP26 presents and do more together to create a better world for people today and for generations to come.
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*Indicative; based on available CDP data and Alliance membership criteria, which require that across all emissions scopes, member organizations fully disclose and have set ambitious and credible reduction targets that are either Paris-compliant or will be Paris-compliant within two years of joining.
**Based on analysis from forthcoming World Economic Forum publication in collaboration with Boston Consulting Group.