By Mindy S. Lubber
I’ve just returned from the UN climate negotiations in Paris where representatives from countries around the world came together to tackle the colossal threat of climate change. And today, all of the hard work paid off with the announcement of a historic international climate agreement.
More than 185 countries representing more than 95 percent of global greenhouse gas emissions, have come together to create a binding commitment to limit global temperature rise to under 2 degrees Celsius, along with a stretch goal of 1.5 degrees. The agreement also includes a long-term goal to achieve net zero emissions by the second half of the century.
This agreement is what businesses and investors were looking for, sending a strong signal that the low-carbon global economy has officially arrived. Leading up to COP 21, business and investor leaders across Ceres’ networks and beyond demonstrated unprecedented support for robust action on climate. From the more than 1,600 companies that have signed the Climate Declaration to the 365 investors and companies that showed support for the EPA Clean Power Plan to the six major banks, 14 food companies and seven global apparel companies that called for a global climate agreement, their voices were pivotal in reaching this historic agreement. Learn more about Ceres’ role in mobilizing business and investor leadership at http://www.ceres.org/cop21.
We realize that this climate agreement is only the beginning; there is still a lot of work to be done. But we are ready and have never been in a better position to accelerate a sustainable low carbon global economy.
Mindy S. Lubber