LCTPi
Join the Low Carbon Technology Partnerships initiative
The Low Carbon Technology Partnerships initiative (LCTPi) is comprised of over 160 companies and 70 partners that are committed to accelerating the transition to a low-carbon economy.
Led by the World Business Council for Sustainable Development (WBCSD) and supported by We Mean Business partners, LCTPi offers a collaborative platform for businesses and policymakers to scale up deployment of business solutions to a level and speed that are consistent with limiting global warming to below 2°C.
How companies can engage in this initiative
Businesses that want to join a working group must be ready to commit resources, implement the program and demonstrate leadership in the climate action arena. Companies can engage with the LCTPi in one or more of the following ways:
- Make freight transport climate compatible
- Scale up deployment of renewables
- Overcome the market barriers to energy efficiency in buildings
- Enable low-carbon solutions through chemicals
- Grow the market for the world’s most sustainable fuels
- Ensure food security, resource efficiency and climate resilience through Climate Smart Agriculture
- Scale up forests and forest products as carbon sinks
- Enable low-carbon solutions through chemicals
For more information on how your business can get involved, please contact Karl Vella at [email protected].
The Business Case
1. Driving innovation
Following the suggested action plans, our company will accelerate technical innovations and optimize solutions in key fields. It is important to accomplish low-carbon development from materials to production and application, to explore the way of harmonizing the industry with nature.”Zhiping Song, Chairman, China National Building Materials Group
2. Achieving emissions reductions
Taken together, LCTPi efforts could deliver 65% of the emissions reductions needed to remain under the 2°C limit while channeling $5-10 trillion of investment toward low-carbon sectors of the economy and support 20-45 million person-years of employment.
3. Identifying solutions
With a recent International Transport Forum study projecting that freight volumes could quadruple by 2050, the Low-carbon Freight initiative is an important catalyst to spearhead solutions to help manage and mitigate transport sector emissions. UPS is glad to collaborate, innovate and share our learnings.”Alan Gershenhorn, Executive Vice President and Chief Commercial Officer for UPS
4. Helping to build scale
The companies engaged in REscale, the LCTPi for the renewables sector, are responsible for a significant increase in global installed renewable capacity. Data shows that the renewable capacity of REscale member companies increased by 22% from 2014 to 2015 – this is more than double the rate of increase in the global renewable capacity over the same period.
5. Becoming Paris compliant
Together, initiatives such as these have the potential to stimulate action towards achieving the Paris Accord and I encourage others to join us on this journey.”Jean-Pierre Clamadieu, CEO, Solvay