The Alliance of CEO Climate Leaders employs more than 8 million people worldwide and represents some of the largest companies on the planet. All members have committed to set or have already set Paris-aligned targets across their value chains, which would mitigate over 1 Gigaton of emissions annually by 2030.
Kim Fausing will be participating at the COP26 in Glasgow, UK.
Alliance Proposal To The Government
The CEO Climate Alliance proposes governments take the following actions at COP26:
- Publish ambitious and 1.5°C-aligned Nationally Determined Contributions that at least halve global emissions by 2030 and commit to global net-zero by 2050, underpinned by robust policy roadmaps and interim targets.
- Ensure that developed countries meet and exceed their $100B commitment to support developing countries' efforts to mitigate and adapt to climate change and ensure the major development finance institutions also commit to science-based guidelines across their lending portfolios.
- Eliminate fossil fuel subsidies, cut tariffs on climate-friendly goods, develop market-based meaningful and broadly accepted carbon pricing mechanisms and take adequate measures to ensure a just transition.
- Support and incentivize first-movers, including scaling existing, proven solutions across value chains (especially in carbon-intensive sectors) and developing new technologies.
- Invest in climate adaptation creates resilient cities, supply chains, and infrastructure by scaling natural disaster defenses and risk transfer solutions, and by advancing climate-resilient, sustainable food production and securing water supplies.
