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Business Action on Climate Change: Navigating Carbon Reduction Pathways
As COP21 approaches, businesses are being urged to take increasingly ambitious climate action, with Christiana Figueres recently stating ‘corporations can definitely work out how they can go carbon neutral’.
Many private sector companies now include voluntary offsetting strategies within CSR objectives, with We Mean Business involving an additional 47 companies in such action. To date, the voluntary carbon market has facilitated investment of $379 million, locking 76 million metric tonnes of greenhouse gases (GHGs) out of the atmosphere.
Momentum behind carbon pricing has also been building at a national level, with more than 30 countries and regions choosing to implement mandatory carbon market mechanisms. This includes the EU Emission Trading Scheme and US based Regional Greenhouse Gas Initiative (RGGI) and California Cap-and-Trade Program.
As these schemes expand globally to cover more sectors and geographies, there is increasing recognition that businesses need to align voluntary actions on climate action with the requirements of compliance carbon markets.
This webinar will unite cross- sector speakers to share perspectives on the carbon policies being perused in different regions, proactive strategies for corporate leadership on carbon management and the opportunities that evolving markets open for businesses, technology developers and financiers to drive low carbon project development.
