Ambitious climate action is building a zero-carbon #FutureFaster
Nigel Topping, CEO of the We Mean Business coalitionManaging disruption is hard! The challenge for governments, investors and companies as they transition to zero-carbon is navigating multiple disruptions all at once – some coming much faster than expected. But getting it right will help harness opportunities, safeguard growth, and deliver a zero-carbon future, faster.
Given what we know about technology today, we can be optimistic about the possibility of positive change coming much faster in three key sectors – electricity generation, transport and buildings.
Accelerating progress in these sectors is vital, because in order to have a resilient plan for tackling climate change, we must over deliver where there is already momentum. That way we can help offset sectors that are not transitioning as quickly as climate models require them to.
Governments that build industrial policy to support accelerated transitions in electricity, transport and buildings will be better placed to win the macroeconomic race. Companies that are prepared to be at the forefront of exponential shifts will win market share – as is already being demonstrated by those taking ambitious climate action today.
Together, governments and business can help accelerate the transition to a future powered by zero-carbon grids, driven with zero-carbon vehicles and built with zero-carbon buildings, delivering a more sustainable economy for all.
We’ll be celebrating and tracking progress towards this future with our new #FutureFaster campaign, to highlight how leading companies and governments are harnessing innovation, taking ambitious climate action and safeguarding growth.
September is a month of climate action, culminating in the Global Climate Action Summit in San Francisco and Climate Week in New York. I’ll be focusing on how power, transport and buildings are already on a course towards a zero-carbon future, faster.
Below is the first of three articles, focused on the huge progress being made in the power sector as it transitions to a zero-carbon #FutureFaster.