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Innovative Ideas in Action to Get on Track to Paris Goals

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The new technology industrial revolution will provide a major boost to speed up climate action but only if business commits to it and governments back it with stable policy and new incentives, delegates at the COP23 Innovation Day said on Tuesday.

 

In an example that embodies all these essential components of successful innovation, the World Business Council for Sustainable Development (WBCSD) today launched below50 initiative hubs in North America, South America and Australia to create much bigger demand and markets for sustainable fuels .

 

Getting ideas into action is a major theme of this Global Climate Action day where representatives from business, government and civil society are delving into technological and policy innovation and new ways of collaborating to get the world on track to achieve the goals of the 2015 Paris Climate Change Agreement.

“Faced with the growing problem of climate change, the instinct of companies is not to be passive but to take action and find solutions. Global climate policy must provide the framework necessary to encourage the private sector to increase investment and spur innovation to meet the objectives of the Paris Agreement,” said John Danilovich, Secretary General of the International Chamber of Commerce.

The central goal of the Paris Agreement is to keep the average global temperature rise well below 2 degrees Celsius and as close as possible to 1.5 degrees. About one degree of that rise has already happened, underlining the urgency to progress much further and faster with the global clean energy transformation.

Meeting the Paris goal is also inextricably linked to the success of the 2030 Agenda’s 17 Sustainable Development Goals, in this case particularly Goal 9 – to build resilient infrastructure, promote sustainable industrialization and foster innovation.

Last Updated on Wednesday, 15 November 2017 10:58  
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