NATIONAL GOVERNMENTS URGED TO STEP UP CLIMATE ACTION BY 2020 AT END OF LANDMARK SUMMIT
Bold New Commitments Announced by Thousands of States, Regions, Cities, Businesses, Investors and NGOs
Focus Turns to UN Climate Conference in Poland and UN Secretary General’s Leaders’ Summit in 2019
San Francisco, September 14, 2018 - A major international summit ended today in California with delegates calling on national governments to join forces to step up climate action ahead of 2020—the year when global greenhouse gases need to peak and fall sharply thereafter to avoid the worst impacts of climate change.
The meeting of leaders from states and regions, cities, business, investors and civil society at the Global Climate Action Summit (GCAS) underlined the transformational action they are already pursuing.
Over 100 leaders, for example, are now committed to carbon neutrality—or removing as much carbon dioxide from the atmosphere as they emit with the Governor of California bringing the date forward for his state achieving this to 2045.
Leaders also unveiled a range of bold new commitments across five specific challenge areas aimed at taking their collective ambition to the next level. These are aimed at avoiding risks and seizing the opportunities outlined in a suite of reports including the new Unlocking the Inclusive Growth Story of the 21st Century by the New Climate Economy.
It finds that a stepped-up transition to a low-carbon economy can:
- Result in $26 trillion in economic benefits worldwide through 2030.
- Generate over 65 million new low-carbon jobs in 2030, equivalent to today's entire workforces of the U.K. and Egypt combined.
- Avoid over 700,000 premature deaths from air pollution in 2030.
- Generate, through just subsidy reform and carbon pricing, an estimated US$2.8 trillion in government revenues per year in 2030—equivalent to the total GDP of India today—funds that can be used to invest in other public priorities or reduce distorting taxes.
- By a shift to more sustainable forms of agriculture combined with strong forest protection, deliver potentially more than US $2 trillion per year of economic benefits, generating millions of jobs, improving food security—including by reducing food loss and waste—and delivering over a third of the climate change solution.
- By restoring natural capital, especially our forests, degraded lands and coastal zones, strengthen our defenses and boost adaptation to climate impacts, from more extreme weather patterns to sea-level rise.
The announcements during and prior to the Global Climate Action Summit are helping realize this promise that will in turn support the achievement of the Paris Climate Change Agreement now and over the years and decades to come.
Governor Edmund G. Brown Jr of California, and a Summit co-chair said, “This week, cities, states, businesses and non-profits stepped up and took strong action at the Global Climate Action Summit. Now it’s time to take this momentum back home. Climate change waits for nobody. Let’s get to work.”
Healthy Energy Systems
An alliance of more than 60 state/regional, city governments and multinational businesses are now committed to a 100% zero emission targets through the ZEV Challenge.
- 12 regions - including Catalonia, Lombardy, Scotland, and Washington State, representing over 80 million people and over 5 percent of global GDP will have 100 per cent zero emission public fleets by 2030.
- 26 cities with 140 million people are committed to buy only zero emission buses starting in 2025 and creating zero emission areas in their cities starting in 2030
- Business is stepping-forward with 23 multinational companies in EV100, with revenue of over $470 billion, committed to taking fleets zero emission.
- IKEA Group will transition to EV in Amsterdam, Los Angeles, New York, Paris, and Shanghai by 2020 – to reach 100% zero emissions for last mile home delivery.
- More than 3.5 million additional zero emission vehicle charging points will be installed by 2025, and a goal for transport hydrogen to be zero-emissions by 2030 was launched
Almost 400 global companies along with health care providers, cities, states and regions now have 100% renewable energy targets.
- This includes nearly 150 major global companies such as Tata Motors and Sony who have joined the RE100 initiative: collective annual revenues of these companies total well over US $2.75 trillion and their annual electricity demand is higher than that of Poland.
- Over 30 energy intensive industry and property players have set smart energy and net zero carbon buildings targets through EP100.
Inclusive Economic Growth
488 companies from 38 countries have adopted emission reduction pathways in line with the science of the Paris Agreement—up nearly 40 per cent from last year.
- Nearly a fifth of Fortune Global 500 companies have now committed to set science-based emissions reduction targets including big emitters like India’s Dalmia Cement
- As one example, Levi Strauss & Co. has an approved Science Based Target for a 90 per cent reduction in emissions in all owned-and-operated facilities and 40 per cent reduction in its supply chain by 2025.
- Collectively these more than 480 companies represent $10 trillion of the global economy, equivalent to the value of the NASDAQ stock exchange.
At the Summit, 21 companies announced the Step Up Declaration, a new alliance dedicated to harnessing the power of emerging technologies and the fourth industrial revolution to help reduce greenhouse gas emissions across all economic sectors and ensure a climate turning point by 2020.
- Signatories include several established climate leaders: Akamai Technologies, Arm, Autodesk, Bloomberg, BT, Cisco Systems, Ericsson, HP, Hewlett Packard Enterprise, Lyft, Nokia, Salesforce, Supermicro, Symantec, Tech Mahindra, Uber, Vigilent, VMware, WeWork, Workday, and Zoox.
- Companies Autodesk, Safaricom and Unilever became the first to join a new Pledge for a Just Transition to Decent Jobs. They pledged to only buy from renewable energy providers that uphold fundamental workers’ rights including social protections and wage guarantees.
Sustainable Communities
Over 70 big cities, home to some 425 million citizens, are now committed to carbon neutrality by 2050, including Accra, Los Angeles, Tokyo and Mexico City.
- These actions alone will lead to a 2.5 percent cut of annual global greenhouse gas emissions and the avoidance of 12 billion tonnes of carbon dioxide equivalent by 2050.
A further 9,100 cities representing 800 million citizens are now committed to city-wide climate action plans.
This could lead to reductions of more than 60 billion tonnes of carbon dioxide equivalent between now and 2050.
- Mayors of over 70 of the world’s key cities reaffirmed their commitment to delivering on the highest ambitions of the Paris Agreement, namely to keep a global temperature rise to below 1.5℃. .
Cities are getting the job done, with other new city commitments that have put key cities on the path towards zero waste, to significantly cut greenhouse gas emissions in new and existing buildings; and to deliver inclusive climate action that benefits all citizens equitably.
- During the maiden voyage of the San Francisco Bay Area’s first plug-in hybrid electric ferry, Governor Edmund G. Brown Jr. signed a comprehensive package of bills aimed at dramatically reducing carbon emissions by boosting the number of zero-emission vehicles and charging stations in California and getting dirty cars and trucks off the road.
- Meanwhile Starbucks, as one example, announced that by 2025 the company will have 10,000 Greener Stores globally, encompassing existing stores and new stores and renovations.
Land and Ocean Stewardship
A powerful Leaders Group and a new alliance linking over 100 NGOs, businesses, state and local governments, indigenous groups and local communities was launched to fire up action across the forest, food and land agendas.
- Over 100 global supply chain actors including supermarket chain Tesco and investors--managing over US $2.8 trillion--pledged to work with a variety of organizations to halt deforestation and native vegetation loss in the Cerrado, Brazil.
- Companies including Walmart and Unilever committed to the Sabah Restoration Project of approximately 4,000 hectares in the Sugut, Kinabatangan and Tawau river basins in Malaysia.
- Ecuador, in partnership with Norway and Germany, announced a Pro-Amazonian initiative of US $50 million to conserve 13.6 million hectares of unique rainforest—the project is also expected to reduce emissions by over 50 million tonnes of carbon dioxide equivalent a year.
- Through the Pacific Coast Collaborative, states and cities on the United States’ West Coast committed to reduce food loss and waste by 50% by 2030, a commitment with the potential to reduce 25 million tons of GHG emissions per year from the often-overlooked food sector.
- The Global Environment Facility announced $500 million in funding to drive improved land use and forest conservation.
- Nine of the world’s leading philanthropic foundations announced their intent to commit at least $459 million through 2022 to the protection, restoration and expansion of forests and lands worldwide—the announcement underlined indigenous peoples’ and traditional communities’ collective land rights and resource management.
- Coral Vita announced it would be collaborating with Mote Marine Lab and Gates Coral Lab to commercialize innovative, resiliency-driven, and super-fast growing methods of ‘coral farming’ to replace dead and dying ones in the Caribbean. The pilot will be in Grand Bahama and then extended to other countries in the region and the world.
- An initial $1 million public-private partnership between the office of US Senator Brian Shatz of Hawaii and NOAA, the National Fish and Wildlife Foundation and Marc and Lynne Benioff was announced to support monitoring and research at the Papahānaumokuākea Marine National Monument.
Transformative Investments
The Investor Agenda was formally launched bringing together nearly 400 investors managing US $32 trillion of assets including CalPERS, the largest US pension fund; La Caisse de dépôt et placement du Québec (CPDQ), Danish pension fund PKA, and Sumitomo Mitsui Trust Asset Management.
It means that investors with assets more than a third larger than the economy of the United States are now firmly focused on accelerating and scaling-up financial flows into climate action and building a more sustainable, low-carbon, global economy.
- CDPQ, Canada’s second largest pension fund has, for example, committed to increase its low-carbon investments by 50% by 2020, representing more than US$6.2 billion in new investment, and pledged to reduce the carbon intensity of its portfolio by 25% by 2025.
- PKA, Denmark’s labor market pension fund manager, announced it plans to increase its investments in low-carbon climate solutions to 10 percent of its assets.
- APG, the Dutch pension fund manager, announced it would no longer be investing in any coal related infrastructure going forward.
- New York City announced it would be doubling its investments in clean energy and climate solutions to $4 billion over the next three years.
296 investors have now joined Climate Action 100+ which is working with some of the highest emitting companies to assist them in lowering emissions, getting on track with clean energy and the goals of the Paris Agreement.
- The Green Bond Pledge announced founding signatories including the City of Mexico, Luxembourg Green Exchange and SFPUC who join the state treasurers of California, New Mexico and Rhode Island; some major cities including the City of San Francisco; Australian pension fund LGS and two financial firms —which together should spur the goal of seeing US $ 1 trillion-worth of green bonds issued by end 2020.
- A Global Green Bond Partnership, (GGBP) backed by the World Bank, International Finance Corporation, Amundi and major climate finance and sustainability groups was launched with the aim of supporting and assisting sub-national and corporate green bond issuance.
- 42 financial institutions representing over $13 trillion in assets announced a commitment to helping cities, states, and regions finance climate action including European Investment Bank, Work Bank, IFC and APG Active.
At the end of the final plenary, Governor Edmund G Brown Jr announced that California would be developing its own climate change pollutant-monitoring satellite in partnership with San Francisco earth-imaging company Planet Labs.
Call to Global Climate Action
The news came as delegates issued the Summit's Call to Global Climate Action:
“We, the people gathered at the Global Climate Action Summit, and communities around the world calling for climate action, commit to a climate-safe future for all.”
“Now is the time for all leaders to step up and take bold action. Climate change is a threat to all humanity, and it can only be solved by a global cooperative effort. Only together will we transform our communities and energy systems, create employment opportunities and economic prosperity, protect our oceans and natural environment, and complete the transition to a zero-carbon world.”
“We call on the national governments of the world to: Step-Up Ambition Now including in the form of enhanced Nationally Determined Contributions (NDCs) by 2020, consistent with what science tells us is needed to achieve the goals of the Paris Agreement Now; Chart a Clear path to your Zero-carbon future and Empower Bottom-Up Climate Action,” it says.
Patricia Espinosa, Executive Secretary of UN climate change and Summit co-chair, said: “This Summit and its Call to Action make an important contribution towards achieving our collective goal: to keep global temperatures to 1.5 degrees Celsius in line with the Paris Agreement. It will encourage governments worldwide to step up their actions, demonstrating the vital role that states and regions, companies, investors, and civil society are playing to tackle climate change.”
“There is a new way to build businesses. It is not just shareholder but also climate and people friendly. Leaders the world over need to be committed to it and re-inspire people to follow this path. It is for this reason that I have extended my pledge that the entire Mahindra Group will become carbon neutral,” Anand Mahindra, Chair of the Mahindra Group.
UN Youth Envoy, Jayathma Wickramanayake, said: “Together we will write the only story that’s bigger than climate change. The story of climate justice.”
UN Development Programmes Goodwill Ambassador and Danish Game of Thrones actor Nikolaj Coster-Waldau and Aidan Gallagher, UN Environment Youth Advocate and American actor in the Netflix series The Umbrella Academy, were also asked to help take the Call and Outcomes to the American people and people around the globe via social media.
Both celebrities are supporting the New American Road Trip—a journey across the United States by electric car from San Francisco to New York where it is planned to hand over the document to leaders at the One Planet Summit, convened by President Macron of France, on Sept. 26 during the annual Climate Week.
For more Information on the Call to Global Climate Action and the Outcomes please go to
For Media Enquiries please contact:
Nick Nuttall
Spokesperson & Director of Communications
nuttall@globalclimateactionsummit.org
Joseph Giumarra
Havas PR
Joseph.Giumarra@Havas.com
A Chronology of Individual Summit and Pre-Summit Announcements:
Jan 25 |
GLOBAL CLIMATE ACTION SUMMIT LEADER ANAND MAHINDRA ISSUES NEW CLIMATE CHALLENGE TO CORPORATIONS - In an effort to spur further climate action at this year’s Global Climate Action Summit (Summit) in September and at the United Nations Climate Change Conference (COP24) in December, Summit co-chair and Mahindra Group Chairman, Anand Mahindra today challenged businesses around the world to join the growing number of companies committed to setting greenhouse gas reduction targets in line with climate science. http://globalclimateactionsummit.org/2018-1-25-global-climate-action-summit-leader-anand-mahindra-issues-new-climate-challenge-to-corporations/
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Feb 2 |
GLOBAL CLIMATE ACTION SUMMIT ADVISORY COMMITTEE CHAIR CHALLENGES INVESTORS TO ACT ON CLIMATE - Kicking off the 2018 Investor Summit on Climate Risk in New York City this week, Ceres CEO and President Mindy S. Lubber called on investors worldwide to accelerate and scale up actions that are necessary to curb climate change and achieve the goals of the Paris Agreement. https://www.globalclimateactionsummit.org/2018-2-2-global-climate-action-summit-advisory-committee-chair-challenges-investors-to-act-on-climate/
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Mar 20 |
GREEN BOND PLEDGE FOUNDATION SIGNATORIES ANNOUNCED ON EVE OF GLOBAL CLIMATE ACTION SUMMIT - The Luxemburg Green Exchange (LGX) joins the U.S. State Treasurers of California, New Mexico and Rhode Island, the Cities of Asheville and San Francisco – California, King County – Washington, Australian pension fund Local Government Super (LGS) and financial firms Global New Energy Finance and R3 Returns, as founding signatories to the Green Bond Pledge. https://globalclimateactionsummit.us16.list-manage.com/track/click?u=e32e1c0ec273dcdeb361f5f9d&id=f1ccf25d2b&e=2d1449cdfd
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May 2 |
BUSINESS DEMONSTRATES BOLD ACTION AT PARIS AGREEMENT PROGRESS TALKS IN BONN - Organizers of the Global Climate Action Summit (GCAS) taking place this September in San Francisco have today provided new evidence of how cities, states, regions, businesses and investors are taking climate ambition to the next level. In this way, they are helping to build momentum for a successful outcome for the UN Climate Change Conference in Katowice, Poland (COP24) at the end of the year. http://globalclimateactionsummit.org/2018-5-2-business-demonstrates-bold-action-at-paris-agreement-progress-talks-in-bonn/
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May 2 |
TECH TITANS URGED TO LEAD IN DECARBONIZATION OF GLOBAL ECONOMY - The global technology sector was today urged to dramatically step up climate action by pledging to halve their emissions every decade to realize the international goals of a carbon neutral world by 2050. https://www.globalclimateactionsummit.org/2018-5-1-tech-titans-urged-to-lead-in-decarbonization-of-global-economy/
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May 10 |
“CLEAN TRILLION” INVESTMENT GOAL IN SIGHT AND ACHIEVABLE - As global clean energy transition takes hold and the market matures, a new Ceres report released today finds that the “Clean Trillion” – the goal of an additional $1 trillion investment in clean energy per year through 2050 – is eminently feasible. https://www.globalclimateactionsummit.org/clean-trillion-investment-goal-in-sight-and-achievable/
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June 1 |
GOVERNORS IN U.S. CLIMATE ALLIANCE TO ANNOUNCE NEW WAVE OF CLIMATE ACTIONS IN ADVANCE OF GLOBAL CLIMATE ACTION SUMMIT - A bipartisan coalition of US governors working through the U.S. Climate Alliance are today announcing a new wave of initiatives to accelerate and scale up climate action. https://www.globalclimateactionsummit.org/governors-in-u-s-climate-alliance-to-announce-new-wave-of-climate-actions-in-advance-of-global-climate-action-summit/
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June 1 |
BLOOMBERG PHILANTHROPIES ANNOUNCES THE AMERICAN CITIES CLIMATE CHALLENGE - One year after President Trump’s decision to withdraw from the Paris Agreement, Bloomberg Philanthropies launches $70 million program to support the leading role American cities are playing in fighting climate change. http://globalclimateactionsummit.org/bloomberg-philanthropies-announces-the-american-cities-climate-challenge/
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June 4 |
CO-CHAIRS SEEK TO BOOST CARBON DISCLOSURE AHEAD OF LANDMARK SEPTEMBER SUMMIT - California Governor Edmund G. Brown Jr., United Nations Climate Change Executive Secretary Patricia Espinosa and Mahindra Group CEO Anand Mahindra today joined forces to spur more businesses, cities, states and regions to transparently report carbon emissions and progress toward meeting verifiable emissions reduction goals. http://globalclimateactionsummit.org/boost-carbon-disclosure-ahead-of-landmark-september-summit/
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June 4 |
319 INVESTORS WITH MORE THAN $28 TRILLION IN ASSETS CALL ON WORLD GOVERNMENTS TO SCALE UP CLIMATE ACTION TO ACHIEVE THE GOALS OF THE PARIS AGREEMENT - As leaders prepare to gather in Canada for the 2018 G7 Summit, 319 institutional investors with $28 trillion in assets under management urged governments to step up their ambition and action to achieve the goals of the Paris Agreement, support investment in the low-carbon transition, and improve climate-related financial disclosures. https://www.globalclimateactionsummit.org/investors-call-on-world-governments-to-scale-up-climate-action-paris-agreement/
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June 6 |
WORLD GREEN BUILDING COUNCIL CALLS ON COMPANIES TO MAKE THEIR BUILDINGS NET ZERO CARBON - The World Green Building Council (WorldGBC) today opened their new Net Zero Carbon Buildings Commitment as part of Building Lasting Change 2018 with WorldGBC Congress Canada in Toronto and called on market leaders in this critical sector to join as signatories. http://globalclimateactionsummit.org/world-green-building-council-calls-on-companies-to-make-their-buildings-net-zero-carbon/
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June 11 |
FORESTS, FOOD AND LAND CAN DELIVER 30% OF SOLUTIONS NEEDED TO TACKLE CLIMATE CRISIS BY 2030 - As part of the Global Climate Action Summit, WWF, together with a broad coalition of partners, today issued the 30X30 Forests, Food and Land Challenge: calling on businesses, states, city and local governments, and global citizens to take action for better forest and habitat conservation, food production and consumption, and land use, working together across all sectors of the economy to deliver up to 30% of the climate solutions needed by 2030. http://globalclimateactionsummit.org/forests-food-land-deliver-solutions/
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July 5 |
THE FUTURE WE DON’T WANT: BILLIONS OF URBAN CITIZENS AT RISK OF CLIMATE-RELATED HEATWAVES, DROUGHT, FLOODING, FOOD SHORTAGES AND BLACKOUTS BY 2050 - Billions of people in thousands of cities around the world will be at risk from climate-related heatwaves, drought, flooding, food shortages, blackouts and social inequality by mid-century without bold and urgent action to reduce greenhouse gas emissions. Bold climate action by cities key to prevent 1.6 billion people being exposed to extreme heat; 800 million to coastal flooding and 650 million to droughts. http://globalclimateactionsummit.org/the-future-we-dont-want-billions-of-urban-citizens-at-risk-of-climate-related-heatwaves-drought-flooding-food-shortages-and-blackouts-by-2050/
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July 9 |
CITIES URGED TO STEP UP CLIMATE ACTION AND AMBITION AHEAD OF GLOBAL CLIMATE ACTION SUMMIT - In the lead up to the Global Climate Action Summit, taking place in San Francisco from September 12-14, mayors globally are being invited to step up their climate action. https://www.globalclimateactionsummit.org/cities-urged-to-step-up-climate-action-and-ambition-ahead-of-global-climate-action-summit/
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July 10 |
‘YOUTH STEP UP’ COMPETITION LAUNCHES TO GALVANIZE STUDENT CLIMATE ACTION AND FUND SOLUTIONS - America’s future leaders are invited to share their climate solutions through the Youth Step Up climate contest that launches today. http://globalclimateactionsummit.org/youth-step-up-competition-launches-to-galvanize-student-climate-action-and-fund-solutions/
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July 17 |
AMERICA’S PLEDGE OUTLINES BOTTOM-UP OPPORTUNITY AGENDA FOR U.S. STATE, CITY AND BUSINESS ACTION ON CLIMATE - Today, the America’s Pledge initiative released its Opportunity Agenda, a road map for bottom-up action by businesses, cities and states across ten sectors within which collaborative strategies can significantly reduce U.S. carbon emissions in the near term, in the absence of federal government policy. https://www.globalclimateactionsummit.org/americas-pledge-outlines-bottom-up-opportunity-agenda-for-u-s-state-city-and-business-action-on-climate/
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July 20 |
GLOBAL TECH GIANT FUJITSU COMMITS TO 100% RENEWABLE ELECTRICITY AND INVESTS IN CLEAN ENERGY TECHNOLOGIES - IT giant Fujitsu has joined RE100 with a commitment to source 100% renewable electricity by 2050, with an interim target of 40% by 2030. https://www.globalclimateactionsummit.org/global-tech-giant-fujitsu-commits-to-100-renewable-electricity-and-invests-in-clean-energy-technologies/
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Aug 7 |
CALIFORNIA BECOMES FIRST STATE TO PLEDGE TO USE ‘GREEN’ FINANCING TO COMBAT CLIMATE CHANGE - While Washington buries its head in the sand, California's Treasurer John Chiang and Governor Jerry Brown are supporting the growth of the green bond market to finance and build climate-resilient projects. https://www.globalclimateactionsummit.org/california-first-green-finance/
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Aug 23 |
19 GLOBAL CITIES COMMIT TO MAKE NEW BUILDINGS “NET-ZERO CARBON” BY 2030 - Today, 19 pioneering mayors, representing 130 million urban citizens, committed to significantly cut greenhouse gas emissions from their cities by ensuring that new buildings operate at net zero carbon by 2030. https://www.globalclimateactionsummit.org/net-zero-carbon-by-2030/
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Aug 28 |
23 GLOBAL CITIES AND REGIONS ADVANCE TOWARDS ZERO WASTE - Today, 23 pioneering cities and regions committed to significantly cut the amount of waste they generate, accelerating them on the path toward zero waste. https://www.globalclimateactionsummit.org/23-global-cities-and-regions-advance-towards-zero-waste/
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Sept 10 |
NEW FRONTIERS IN CORPORATE LEADERSHIP ON RENEWABLE POWER - In the global entertainment industry’s biggest move on renewable electricity yet, one of the world’s largest electronics and entertainment companies, Sony Corporation, joins RE100, alongside management consulting leader McKinsey & Company, global coworking and community company WeWork and the Royal Bank of Scotland (RBS). https://www.theclimategroup.org/news/new-frontiers-corporate-leadership-renewable-power
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Sept 10 |
SONY CORPORATION JOINS RE 100 TO SOURCE 100% RENEWABLE POWER
Sony corporation, an electronics and entertainment company, has announced to join RE 100 ahead of the Global Climate Action Summit (GCAS) in San Francisco, United States. https://mercomindia.com/sony-joins-re-100-source-100-renewable-power/
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Sept 10 |
GOOGLE LAUNCHES ENVIRONMENT INSIGHTS EXPLORER (BETA) - Impact begins with insights. Explore data to make informed decisions and inspire action. https://insights.sustainability.google/
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Sept 10 |
INDUSTRIAL GIANTS PIONEER WAYS TO SMARTER ENERGY - As the world looks to heavy industry to help drive emissions cuts, leading Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers Ltd, Mahindra Heavy Engines Ltd, and Godrej Industries Limited and Associate Companies (GILAC) – and the South African chemical giant Sasol – have today pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. https://www.theclimategroup.org/news/industrial-giants-pioneer-ways-smarter-energy
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Sept 11 |
SOUTHPOLE, IXO FOUNDATION, GOLDSTANDARD DEVELOP BLOCKCHAIN APPLICATION FOR CARBON CREDIT TOKENIZATION - SouthPole, ixo Foundation, and Gold Standard to use new blockchain application at solar PV project in Thailand to monitor, report and verify greenhouse gases. https://www.southpole.com/news/south-pole-partners-with-ixo-on-blockchain
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Sept 11 |
SUNRUN EXPANDS SOLAR ACCESS TO AFFORDABLE HOUSING COMMUNITIES
Home solar leader commits to developing 100 megawatts of solar on affordable housing by 2028, directly benefiting 50,000 California families. - http://investors.sunrun.com/news-releases/news-release-details/sunrun-expands-solar-access-affordable-housing-communities
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Sept 11 |
DBL PARTNERS AND ZOLA ELECTRIC ANNOUNCE NIGERIA EXPANSION AT GLOBAL CLIMATE ACTION SUMMIT - DBL Partners and its portfolio company ZOLA Electric (“ZOLA”), formerly Off Grid Electric, today announced a Global Climate Action Summit pledge to expand energy access in Nigeria through PAYGo Solar and displace the negative climate and health effects of fossil-fuel powered generators. http://www.dblpartners.vc/2018/09/dbl-partners-and-zola-electric-announce-nigeria-expansion-at-global-climate-action-summit/
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Sept 11 |
GLOBAL CLIMATE ACTION SUMMIT: 9 FOUNDATIONS PLEDGE $459M TO FORESTS, INDIGENOUS RIGHTS, AND LANDS TO COMBAT CLIMATE CHANGE - Nine of the world’s leading philanthropic foundations announced their intent to commit at least $459 million through 2022 to the protection, restoration and expansion of forests and lands worldwide and the recognition of indigenous peoples’ and traditional communities’ collective land rights and resource management. https://mysocialgoodnews.com/global-climate-action-summit-9-foundations-pledge-459m-to-forests-indigenous-rights-and-lands-to-combat-climate-change/
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Sept 12 |
NEARLY 400 INVESTORS WITH $32 TRILLION IN ASSETS STEP UP ACTION ON CLIMATE CHANGE - The Investor Agenda launched today in San Francisco will support investors in accelerating and scaling-up the actions that are critical to tackling climate change and achieving the goals of the Paris Agreement. https://www.ceres.org/news-center/press-releases/nearly-400-investors-32-trillion-assets-step-action-climate-change
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Sept 12 |
BOTTOM-UP U.S. CLIMATE REPORT “FULFILLING AMERICA'S PLEDGE” ILLUSTRATES PROGRESS TOWARDS PARIS AGREEMENT TARGET - Bloomberg and Brown to unveil roadmap for cities, states and businesses to cut emissions 24% by 2025, within striking distance of 2015 Paris goal https://www.americaspledgeonclimate.com/news/climate-report-fulfilling-americas-pledge-illustrates-progress-towards-paris-agreement-target/
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Sept12 |
GLOBAL CLIMATE ACTION SUMMIT: GOVERNMENTS MUST AIM FOR NET ZERO CARBON EMISSIONS BEFORE 2050 SAY BUSINESS LEADERS - Lading CEOS back calls from the Prince of Wales's corporate leaders group for ambitious targets to inspire transition to a low-carbon economy https://www.globalclimateactionsummit.org/governments-aim-for-net-zero/
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Sept 12 |
BANKS MOVE TOWARD BETTER QUANTIFICATION OF CLIMATE CHANGE RISK - Thanks to the efforts of a coalition of 16 global banks convened by the UN Environment Finance Initiative, the banking industry has made progress on the arduous task of assessing the risks and opportunities associated with climate change https://www.globalclimateactionsummit.org/banks-move-climate-change/
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Sept 13 |
FUNDERS STAND TOGETHER IN SUPPORT OF FORESTS, RIGHTS, AND LANDS FOR CLIMATE - As leaders of philanthropic organizations, we are participating in the Global Climate Action Summit by stepping up our support to protect, restore, and expand forests, make land use more sustainable, and secure the rights of indigenous peoples and local communities, who are the best stewards of their lands, territories, and forests http://www.climateandlandusealliance.org/supporting-forests-rights-and-lands-for-climate/
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Sept 13 |
HALVING GREENHOUSE GAS EMISSIONS BY 2030: ROADMAP SHOWS WHAT’S NEEDED IN EACH SECTOR - A report published Thursday shows the potential for all sectors of global economy – energy, food and agriculture, industry, buildings and transport – to halve greenhouse gas emissions by around 2030. Stronger policies, the digital revolution and greater climate leadership are necessary to accelerate the economic transformation, say the authors https://www.globalclimateactionsummit.org/halving-greenhouse-gas-emissions-by-2030-roadmap-shows-whats-needed-in-each-sector/
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Sept 13 |
LEADERS COMMIT TO SAVE 209 MILLION TONNES OF CARBON EMISSIONS EQUIVALENT (CO2E) BY 2050 AT LAUNCH OF WORLD GREEN BUILDING COUNCIL'S NET ZERO CARBON BUILDINGS COMMITMENT - Today, the World Green Building Council (WorldGBC) officially launched its Net Zero Carbon Buildings Commitment (the Commitment) as part of the momentous Global Climate Action Summit, celebrating 38 founding signatories http://www.worldgbc.org/news-media/WorldGBC-Launches-Net-Zero-Carbon-Buildings-Commitment
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Sept 13 |
WORLD ROLLS FORWARD ON ELECTRIC VEHICLES AS US GOVERNMENT TRIES TO ROLL BACK - In the biggest collective demonstration of demand for electric vehicles to date 26 states, cities, regions and businesses today simultaneously announced 100% zero emission vehicle targets: https://www.theclimategroup.org/news/world-rolls-forward-electric-vehicles-us-government-tries-roll-back
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Sept 13 |
MAHINDRA & MAHINDRA TO GO CARBON NEUTRAL BY 2040 - Mahindra & Mahindra (M&M), India’s leading manufacturer of utility vehicles and part of the USD 20.7 billion Mahindra Group, today announced its commitment to become a carbon neutral company by 2040 https://www.globalclimateactionsummit.org/mahindra-mahindra-to-go-carbon-neutral-by-2040
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Sept 13 |
NEW COLLABORATION OF TWENTY-ONE COMPANIES IS DEDICATED TO ACCELERATING CLIMATE ACTION USING THE POWER OF TECHNOLOGY - Today, at the Global Climate Action Summit (GCAS) in San Francisco, CA, twenty-one companies will announce the launch of the Step Up Declaration, a new alliance dedicated to harnessing the power of emerging technologies and the fourth industrial revolution to help reduce greenhouse gas (GHG) emissions across all economic sectors and ensure a climate turning point by 2020 https://www.globalclimateactionsummit.org/new-collaboration-of-twenty-one-companies-is-dedicated-to-accelerating-climate-action-using-the-power-of-technology/
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Sept 13 |
MAJOR COMPANIES JOIN FORCES TO DRIVE CLIMATE RESILIENCE IN SUPPLY CHAIN - BSR today launched a new corporate leadership platform that will aid companies in the fight against climate change
https://www.bsr.org/en/our-insights/news/major-companies-join-forces-to-drive-climate-resilience-in-supply-chains
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Sept 13 |
NEW CLIMATE ACTIONS ACROSS INDIA - City and state leaders from India are scaling up their actions to combat climate change and to protect citizens from hazardous climate impacts https://www.nrdc.org/experts/anjali-jaiswal/new-climate-actions-across-india
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Sept 13 |
SURGE IN GLOBAL BUSINESS EMBRACING CLIMATE SCIENCE TO NAVIGATE LOW-CARBON TRANSITION - Nearly three years on from the landmark Paris Agreement and with time running out before greenhouse gas emissions must peak, 2018 has seen an unprecedented rise in the number of companies committing to reduce their emissions in line with the levels required to prevent dangerous global warming https://sciencebasedtargets.org/2018/09/13/surge-in-global-business-embracing-climate-science-to-navigate-low-carbon-transition/
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Sept 13 |
FUNDERS STAND TOGETHER IN SUPPORT OF FORESTS, RIGHTS, AND LANDS FOR CLIMATE - As leaders of philanthropic organizations, we are participating in the Global Climate Action Summit by stepping up our support to protect, restore, and expand forests, make land use more sustainable, and secure the rights of indigenous peoples and local communities, who are the best stewards of their lands, territories, and forests http://www.climateandlandusealliance.org/supporting-forests-rights-and-lands-for-climate/
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Sept 13 |
TEN NEW POWERING PAST COAL ALLIANCE MEMBERS ANNOUNCED AT GLOBAL CLIMATE ACTION SUMMIT - These new members demonstrate growing global momentum behind the phase-out of unabated coal power generation. Their diversity and depth of experience reflects the increasing number of jurisdictions that share our ambition to take action to accelerate clean growth and climate protection https://poweringpastcoal.org/news/new-powering-past-coal--members-global-climate-action-summit
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Sept 13 |
The Global Environment Facility (GEF) announced a half billion US dollar financial commitment in new grant funds for food, land use, and restoration projects
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Sept 13 |
Major U.S. Law Firms Come Together To Contribute $15 Million In Pro Bono Services To Advance Sustainability |
Sept 13 |
INFLUENTIAL PRIVATE SECTOR COALITION TO HALT DEFORESTATION IN BRAZIL’S CERRADO REGION SEES RAPID GROWTH - The FAIRR Initiative is delighted to partner with Tesco, Marks & Spencer, McDonald’s, Ahold Delhaize, Unilever, Walmart and the Consumer Goods Forum to build investor support for the Cerrado Manifesto: https://cerradostatement.fairr.org/
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Sept 13 |
27 C40 CITIES HAVE PEAKED THEIR GREENHOUSE GAS EMISSIONS - In 2016, nations ratified an international agreement on climate change, the Paris Agreement, thereby committing to ambitious efforts to keep global average temperature rise to well below 2º C above pre-industrial levels, and to further pursue efforts to limit temperature rise to 1.5º C: https://c40-production-images.s3.amazonaws.com/other_uploads/images/1923_Peaking_emissions_Media_Pack_Extended_version.original.pdf?1536847923
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Sept 13 |
GREEN BOND PLEDGE FOUNDING SIGNATORIES ANNOUNCED: US CITIES, LGX, LGS IN FIRST WAVE OF COMMITMENTS ON EVE OF GLOBAL CLIMATE ACTION SUMMIT - Australia’s Local Government Super (LGS) and Luxemburg Green Exchange (LGX) join the U.S. State Treasurers of California, New Mexico and Rhode Island, the Cities of Asheville and San Francisco – California, King County – Washington, and financial firms Global New Energy Finance and R3 Returns, as founding signatories to the Green Bond Pledge: https://www.climatebonds.net/2018/09/green-bond-pledge-founding-signatories-announced-us-cities-lgx-lgs-first-wave-commitments
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Sept 13 |
MAYOR AND COMPTROLLER ANNOUNCE PENSION FUND GOAL TO INVEST $4 BILLION IN CLIMATE CHANGE SOLUTIONS BY 2021 - Mayor Bill de Blasio, Comptroller Stringer, and other trustees of New York City’s pension funds today announced a new goal to double the investments of the NYC Funds in climate change solutions to $4 billion or 2% of the City’s $195 billion pension portfolio over the next 3 years: https://www.globalclimateactionsummit.org/mayor-announce-pension-fund/
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Sept 13 |
CALIFORNIA CLEAN ENERGY FUND INVESTS IN CKERS FINANCE SUSTAINABLE ENERGY BOND TO BUILD NEW SEGMENTS IN INDIA - The Innovations arm of the California Clean Energy Fund announced that it is investing $3 million in cKers Finance’s Sustainable Energy Bond issuance for India: https://www.globalclimateactionsummit.org/california-clean-energy-fund-invests-in-ckers-finance-sustainable-energy-bond-to-build-new-segments-in-india/
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Sept 13 |
APG ACTIVE AT GLOBAL CLIMATE ACTION SUMMIT 2018 IN SAN FRANCISCO - A leading investor of pension capital, APG regards climate change as a systemic long-term risk for the global economy. At the Global Climate Action Summit 2018 in San Francisco several representatives of APG have been present and active: https://www.globalclimateactionsummit.org/apg-active-at-global-climate-action-summit-2018-in-san-francisco/
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Sept 13 |
ABOARD HYBRID ELECTRIC FERRY ON THE SAN FRANCISCO BAY, GOVERNOR BROWN SIGNS BILLS TO PROMOTE ZERO-EMISSION VEHICLES, REDUCE CARBON EMISSIONS - Governor Edmund G. Brown Jr. signed a comprehensive package of bills aimed at dramatically reducing carbon emissions by boosting the number of zero-emission vehicles and charging stations in California and getting dirty cars and trucks off the road: https://www.globalclimateactionsummit.org/aboard-hybrid-electric-ferry-on-the-san-francisco-bay-governor-brown-signs-bills-to-promote-zero-emission-vehicles-reduce-carbon-emissions/
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Sept 13 |
FUNDERS STAND TOGETHER IN SUPPORT OF FORESTS, RIGHTS, AND LANDS FOR CLIMATE - As leaders of philanthropic organizations, we are participating in the Global Climate Action Summit by stepping up our support to protect, restore, and expand forests, make land use more sustainable, and secure the rights of indigenous peoples and local communities, who are the best stewards of their lands, territories, and forests: http://www.climateandlandusealliance.org/supporting-forests-rights-and-lands-for-climate/
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Sept 14 |
PACIFIC COAST COLLABORATIVE DECLARATION ON CLIMATE RESILIENCE - Today, Governors Jerry Brown (CA) and Jay Inslee (WA) announced on behalf of the Pacific Coast Collaborative (PCC) a new effort to strengthen climate resilience at the Global Climate Action Summit (GCAS): https://www.globalclimateactionsummit.org/pacific-coast-collaborative-declaration-on-climate-resilience/
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Sept 14 |
AS NEW YORK AND LONDON MAYORS, WE CALL ON ALL CITIES TO DIVEST FROM FOSSIL FUELS - Mayor de Blasio and City Comptroller Stringer pledged to double the city’s pension investments in climate solutions by 2021 – bringing the grand total to over $4 billion, or 2% of the city’s total assets: https://www.theguardian.com/commentisfree/2018/sep/10/london-new-york-cities-divest-fossil-fuels-bill-de-blasio-sadiq-khan
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Sept 14 |
NET ZERO CARBON BUILDINGS COMMITMENT LAUNCHED AT THE GLOBAL CLIMATE ACTION SUMMIT - Leaders commit to save 209 million tonnes of carbon emissions equivalent (co2e) by 2050 at launch of World Green Building Council’s Net Zero Carbon Buildings commitment: https://www.globalclimateactionsummit.org/net-zero-buildings/
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