After Paris - Can the private sector deliver climate compatible development?

An opinion piece by CDKN Executive Director Simon Maxwell discussing the role of the private sector in achieving climate compatible development following the Paris Agreement, emphasizing the need for public policy to guide the transition.

• The Paris Agreement, alongside the 2015 Sustainable Development Goals, the Kigali agreement to phase out hydrofluorocarbons, and the International Civil Aviation Organization's agreement on aviation CO2 emissions, create both challenges and opportunities for the private sector.
• Addressing climate change requires a new industrial revolution affecting all countries. While the private sector is responding with new technologies, investments, and financial instruments, progress may be hindered by market failures and specific interest lobbies.
• Public policy is essential to direct and support the private sector's response to climate change, as innovation and disruption will create both winners and losers in society. Effective results depend on multi-stakeholder processes at the country level rather than universal recipes.

APA

Maxwell, S. (2017). After Paris - Can the private sector deliver climate compatible development? Climate and Development Knowledge Network. https://cdkn.org/resource/opinion-can-private-sector-deliver-climate-compatible-development

Chicago

Maxwell, Simon. After Paris - Can the private sector deliver climate compatible development? Climate and Development Knowledge Network, 2017. https://cdkn.org/resource/opinion-can-private-sector-deliver-climate-compatible-development.

Wikipedia

{{cite press release |last1=Maxwell |first1=Simon |title=After Paris - Can the private sector deliver climate compatible development? |publisher=Climate and Development Knowledge Network |date=30 January 2017 |url=https://cdkn.org/resource/opinion-can-private-sector-deliver-climate-compatible-development |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{maxwell2017after, author = {Maxwell, Simon}, title = {{After Paris - Can the private sector deliver climate compatible development?}}, publisher = {Climate and Development Knowledge Network}, year = {2017}, month = jan, url = {https://cdkn.org/resource/opinion-can-private-sector-deliver-climate-compatible-development}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }