Strengthen national commitments to reduce carbon emissions
Commit to net-zero emissions by 2050 with ‘ambitious interim targets’
Create domestic policies such as carbon pricing, removing subsidies for fossil fuels and avoiding new carbon-intensive projects
Align Covid-19 recovery plans to support the transition to a low-carbon economy
Implement mandatory climate disclosure rules that align with the TCFD framework.
My sense is we all suffer from ‘statistics fatigue’ after seeing so many eye-popping billions -and trillions - of figures tossed into every news article about the climate crisis. But, this one is different: The combined assets aligned under the 2021 Global Investor Statement to Governments on the Climate Crisis represent about 40 percent of ALL assets.
In other words, the entities controlling nearly half of all the money on the planet are demanding swift government action to address climate change.
Tim Mohin is the Executive Vice President and Chief Sustainability Officer for Persefoni AI. Formerly Tim served as the Chief Executive of the Global Reporting Initiative, the world's largest standards organization. He also held sustainability leadership roles with Intel, Apple, and AMD, and worked on environmental policy within the U.S. Senate and U.S. Environmental Protection Agency.