On a mission
We’re on a mission to drive urgent action to limit the effects of climate change, particularly for the most vulnerable people and countries. With radical collaboration and stubborn optimism we will bend the curve of global GHG emissions by 2020, enabling humanity to flourish.
It’s necessary, it’s desirable and it’s achievable.
In 2015, 195 nations came together to adopt the Paris Agreement, committing to pursue efforts that would limit global average temperature increases to 1.5°C above pre-industrial levels by the end of the century.
It's Necessary
The high cost of climate change is largely carried by some of the most vulnerable communities around the world. They suffer from enduring human loss, and a need to continuously repair damage from severe weather impacts and rising sea-levels. The repeated infrastructure costs divert investments from education, health and food security, further entrenching poverty and accelerating involuntary migration.
The insurance industry has also warned that if the world goes beyond a 2°C increase, it is not systemically insurable due to the frequency and intensity of extreme weather impacts.
Reaching the climate turning point by 2020 will expedite the least expensive transition to a safer fossil-free economy by 2050, protecting the most vulnerable and ushering in a safer economy.
IT'S DESIRABLE
Climate change is the major opportunity we have to modernize our transport, our energy generation and efficiency, to become more energy independent, to clean our air, to improve our land-use, to create jobs and to have more liveable cities.
Meeting the 2020 turning point will bring many added benefits in health, energy, food security and employment creation. It will form a strong base for shared prosperity and financial stability.
It will also, in turn, help meet people’s common desire to prosper, with good jobs, safe homes and a flourishing natural world. The foundation for this stability is a living earth and a stable climate.
It's ACHIEVABLE
With breakthrough actions in a few key areas, including energy, transportation, land-use,
infrastructure, industry and finance, we can build on the strong momentum towards a fossil-
free economy and reach our 2020 turning point. The economics are shifting at scale:
- By 2020, the number of countries that have already peaked or which have a commitment that implies an emissions peak will be up to 53.
- The production costs of renewables are already lower than those of fossil fuels.
- $2.5 trillion invested in clean energy since 2010.
- Global clean energy investment was over $330 billion in 2017, the second highest annual figure ever.
- China is investing $360 billion in clean energy by 2020 which will create 13 million new jobs.
- India is on track to produce more than half its electricity from clean energy by the mid-2020s.
- Electricity from renewables will be consistently cheaper in many places than that from most fossil fuels in only two years.
- More than 200 companies have committed to disclosing the risks they face from climate change, using new international standards developed by the Task Force on Climate-related Financial Disclosures.
The Road to Success
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