Climate action is as urgent as ever, while Covid-19 has shaken the world to its core. We have made little progress towards reducing emissions that cause global warming over the past few decades and the significant but temporary emission reductions due to the Covid-19 lockdown will not affect the trajectory we are on. It is estimated that we are well on our way to a globe that will be over 3 degrees Celsius hotter, which would mean irreversible and catastrophic damage to our planet and living.
But there are signs for hope in 2021 – not only when it comes to fighting the pandemic with available vaccines. While the pandemic may have disrupted short-term plans, it also presents an opportunity for sustainability to be embedded at the core of long-term economic recovery. Multi-billion funds dedicated to green recovery and accelerated climate action from corporations & investors fuel this optimism. 2021 is also the year of the next COP26 in Glasgow – but will it finally be the year of climate action breakthrough?
In its 2020 Emissions Gap report, The UN Environment Programme indicated that efforts being put forth for a low-carbon pandemic recovery could put the world on track for the 2°C pathway.
“We have the opportunity to recover stronger if we are capable of learning from the pandemic and if we have the courage to envision a future that uses our crisis-response capacities towards building a decarbonize future.” said Philippe Diez, Vice President EMEA and EAJ ESS, Schneider Electric.
The question remains: How can companies get ahead? Companies have been a very active driver for climate action and will need to continue to be in order to fill the emissions gap to meet the Paris Agreement’s goals.
Join our webinar to hear how companies have successfully taking leadership on climate action. Walk away with clear, actionable steps to help you speed up on your climate journey and build resilience within your organization in 2021.