The landmark Paris Agreement adopted at COP21 was made possible, in part, by the business community. Governments around the world needed to know, and be able to show, that business supported an ambitious approach to tackle climate change.
The Agreement adopted at COP21 in Paris takes the world further than it has ever gone before on climate policy. WRI Climate Director Jennifer Morgan explains.
"Under President Obama, the United States has sent a clear message at home and abroad that it's serious about climate action," write WRI Board member and former Governor of New Mexico Bill Richardson. "We've vastly increased fuel efficiency standards for vehicles, set standards to limit carbon pollution under the Clean Power Plan, and brought China and other countries together around firm international commitments for action."
Large, private sector energy customers wanting to buy more renewable energy are already driving change in electricity markets by scaling up clean power delivered through the grid. More renewables in countries’ power grids will accelerate progress toward emissions-reduction targets put forth in Paris.
If successful, the new international climate agreement forged in Paris will send strong signals to financial markets—and therefore to businesses and investors—about the direction of energy for the foreseeable future.
PARIS (November 30, 2015)- Indian Prime Minister Narendra Modi and other leaders announced the International Solar Alliance today in Paris. The newly formed solar alliance of more than 120 countries will play an important role in advancing solar deployment around the world.
Following is a statement from Manish Bapna, Managing Director, World Resources Institute:
WASHINGTON (November 27, 2015)—Yesterday, Unilever announced a number of new sustainability commitments ahead of the Paris climate talks (COP21), including a goal to become "carbon positive" by 2030.
The company announced the following goals for its operations:
WASHINGTON (November 5, 2015)– Renewable energy supply is set to double collectively in eight major economies by 2030 spurred on by new national climate and energy plans, according to new analysis by World Resources Institute. These renewable energy levels will be 18 percent higher in 2030 than previously projected growth rates, WRI found.
With international climate negotiations mere weeks away in Paris, there is keen interest in how countries' climate action plans, known as INDCs, will address climate change. A new assessment shows 80 percent of INDCs submitted so far -- including those from the world's eight biggest emitters -- call for an increase in the supply of clean energy.
This WRI analysis finds that renewable energy supplies are set to double collectively in eight major economies by 2030 spurred on by new national climate and energy plans. These renewable energy levels will be 18 percent higher in 2030 than previously projected growth rates.