Some of the world’s biggest companies, finance houses, cities and regions have joined forces under a new campaign called Mission 2025, in order to urge governments to increase their climate ambition ahead of a critical 2025 deadline to deliver updated climate plans.
Referred to as Nationally Determined Contributions (NDCs), they are a function of the 2015 Paris Agreement, where countries regularly update their emissions-cutting policies towards meeting the global goal of keeping warming to 1.5 Celsius (2.7 Fahrenheit), a scientifically-determined threshold that is critical to advert the worst effects of climate change.
Mission 2025 aims to reassure political leaders they have powerful support for bold action, and is spearheaded by Global Optimism’s Christiana Figueres, the former UN climate chief who oversaw the Paris Agreement.
Figueres told Reuters a “lack of leadership” and political noise were to blame for insufficient policy to drive the cleaner technologies that have shown themselves to be cheaper, better-performing, faster to construct and a safer investment than their incumbent rivals.
More clarity from governments over the direction of public policy was needed to give confidence to companies and others in the real economy to invest more in the transition to a low-carbon economy over the period to 2035.
“We think that governments are still very timid about what they’re going to be including in their NDCs,” she said, citing opposition from companies and others tied to the fossil fuel economy, which she said smacked of desperation.
To help empower governments to go further, the Mission 2025 coalition would provide the data needed to justify the policy changes, with a focus on the 20 largest economies, responsible for the bulk of emissions, Figueres said.
“Those will be the ones that we will be focusing more on. Not only because they have the capacity to shift more, but also because they have the means to do it.” – Report from Reuters

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